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Canal Digital profits rise

February 10, 2016 10.51 Europe/London By Julian Clover

Canal_Digital_Installator_4Canal Digital grew profits by another NOK 31 million in the fourth quarter of 2015, despite continued subscriber losses.

The satellite platform is currently in a standoff with Discovery Networks over the carriage of Discovery, Eurosport and national broadcasters including TV Norge that are owned by Discovery.

Revenues at the DTH operation increased by 3% from the fourth quarter of 2015, the benefit of currency effects. Price increases kept the ship steady. Revenues of NOK 1,172 million (€122m) delivered an operating profit of NOK 182 million

In Satellite transmission, the EBITDA margin slipped by one percentage point, as the strong dollar helped add 5% to revenues of NOK 256 million.

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Filed Under: Finance, Newsline Tagged With: Canal Digital Edited: 10 February 2016 10:55

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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