Naman Ramachandran German broadcast giant ProSiebenSat.1 Group’s first quarter revenue for 2021 showed a marginal 1% uptick to €938 million ($1.13 billion), despite pandemic-related lower advertising revenues.Though the Group’s year-on-year Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) declined 9% from €157 million in 2020 to €143 million in 2021, the company is upbeat about its prospects for the year ahead, according to quarterly results published on Wednesday.The Group has increased its full-year outlook for revenues by €100 million to a target range between €4.25 billion and €4.45 billion.
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