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Multimedia Polska gains TV customers

March 5, 2015 17.56 Europe/London By Chris Dziadul

Multimedia PolskaThe Polish cable operator Multimedia Polska ended 2014 with 779,000 TV RGUs, up from 751,000 a year earlier.

Of these, 382,000 were digital and 299,000 analogue, while 98,000 opted for its premium offer.

TV revenues amounted to PLN348.5 million (€83.6 million), up 0.5% on a year earlier, with growth driven principally by digital TV, which accounted for PLN208 million, up 11.6% year-on-year.

On the other hand, revenues from analogue and premium services both fell, in the latter instance by 1.5% to PLN27.2 million.

Multimedia Polska’s revenues in total amounted to PLN705.8 million (+0.9% year-on-year) in 2014, while EBITDA was PLN355.6 million, unchanged on a year earlier. Net profit fell by 27.5% to PLN70.7 million.

Commenting on the results, Andrzej Rogowski, the company’s chairman of the board, said that the internet segment remained the main driver of its business.

However, in its results the company also says it expects continued growth in its digital TV subscriber base over the coming quarters thanks to the introduction of such services as VOD and interactive TV.

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Filed Under: Cable, Central & East Europe, Newsline, Platforms Tagged With: Multimedia Polska, Poland Edited: 5 March 2015 17:56

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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