ProsiebenSat.1 at a Glance
ProSiebenSat.1 Group closed financial year 2022 in line with its outlook most recently updated in October 2022 and generated Group revenues of EUR 4,163 million (previous year: EUR 4,495 million) in a severely weakened market environment. The macroeconomic burden also significantly influenced the Group's adjusted EBITDA, which declined to EUR 678 million in 2022 (previous year: EUR 841 million). The decrease in high-margin advertising revenues made a particular impact here. In contrast, the Group’s net financial debt decreased compared to the end of 2021 to EUR 1,613 million. This represents an improvement of EUR 238 million compared to the previous year’s reporting date.
in EUR m |
2022 |
2021¹ |
|---|---|---|
|
Revenues |
4,163 |
4,495 |
|
Total costs2 |
3,978 |
3,971 |
|
Programming expenses |
1,031 |
1,055 |
|
Adjusted EBITDA3 |
678 |
841 |
|
EBITDA |
666 |
803 |
|
Adjusted net income4 |
301 |
365 |
|
Adjusted earnings per share (in EUR) |
1.33 |
1.61 |
|
Payments for the acquisition of programming assets |
895 |
1,060 |
|
Free cash flow |
388 |
289 |
|
Adjusted operating free cash flow5 |
492 |
599 |
|
Audience share (in %)6 |
24.9 |
25.5 |
1 Prior-year figures partly adjusted as described in Notes to Consolidated Financial Statements, note 3 “Changes in reporting standards and accounting policies”.
2 Total costs comprise cost of sales, selling expenses, administrative expenses and other operating expenses.
3 EBITDA before reconciling items.
4 Net income attributable to shareholders of ProSiebenSat.1 Media SE before the amortization and impairments from purchase price allocations as well as impairments of goodwill, adjusted for the reconciling items. These include valuation effects recognized in other financial result, valuation effects of put option liabilities, valuation effects from interest rate hedging transactions as well as other material one-time items. Moreover, the tax effects resulting from such adjustments are also adjusted. See Group Managment Report, chapter “Planning and Management”.
5 For a definition of the adjusted operating free cash flow, please refer to Group Management Report, chapter “Planning and
Management”.
6 ProSiebenSat.1 Group; AGF in cooperation with GfK; market standard: TV; VIDEOSCOPE 1.4; Target group: 14-49.
in EUR m |
12/31/2022 | 12/31/2021¹ |
|---|---|---|
|
Employees2 |
7,284 |
7,906 |
|
Programming assets |
1,086 |
1,145 |
|
Cash and cash equivalents |
504 |
594 |
|
Net financial debt |
1,613 |
1,852 |
|
Leverage ratio3 |
2.4 |
2.2 |
|
P7S1 ROCE (in %)4 |
12.4 |
14.1 |
1 Prior-year figures partly adjusted as described in Notes to Consolidated Financial Statements, note 3 “Changes in reporting standards and accounting policies”.
2 Full-time equivalent positions as of reporting date.
3 Ratio net financial debt to adjusted EBITDA in the last twelve months.
4 Ratio of earnings (ROCE) of the last twelve months to capital employed (average). Due to the retrospective adjustment of the
accounting treatment, the calculation for the quarters during the year was partly based on an assumption-based determination of the capital employed, in particular with regard to the liabilities from voucher transactions.
- Change-1.55 %
- Volume (shares)261,265
