(Finance) – MFE-MEDIAFOREUROPE (formerly Mediaset, which now trades with MFE A And MFE B) communicated that i 2023 results are significantly higher than the company estimates at the beginning of the year. Net profit – excluding the accounting impact deriving in the two financial years from the contribution of the investment in Prosiebensat1 – is positive for 217.5 million euros, a clear increase (+17.7%) compared to the 184.7 million euros of 2022.
“Our holding company closed a truly memorable year – said theCEO Pier Silvio Berlusconi – We have done everything a publicly traded company can and should do. We have invested in development by consolidating our Spanish television, growing our stake in Germany and we have remunerated all shareholders, plus without significantly increasing our debt. So really good.”
“We have decided, I dare say as a matter of business ethics, to go back to hiring – he added – In 2023 we had set ourselves a target of 250 new hires, I can say that we closed with well over 300 new hires. And we would like to do the same thing in 2024 and 2025, hiring especially young people and women.”
Pier Silvio Berlusconi finally anticipated the consolidated data of the advertising collection in the first quarter of 2024even higher than the 5% previously communicated: “We have found a really strong market. Our advertising revenues in Italy and Spain recorded growth in the first quarter of 6%. This is nice for Mediaset but it is a good signal for the whole entrepreneurship, because advertising is often a litmus test of what will happen on an economic level”.