Polsat Plus Group had PLN 334 million in net profit, PLN 881 million in EBITDA in Q4 2021

Polsat Plus Group recorded PLN 334 million of consolidated net profit in Q4 2021, which means an increase by 2% y / y, the company said in the report.

The operating profit amounted to PLN 420 million (decrease by 20% y / y). The EBITDA result reached PLN 881 million (a decrease by 22% y / y), and the adjusted EBITDA (excluding NetCo result) amounted to PLN 891 million (a decrease by 6% y / y).

Consolidated sales revenues amounted to PLN 3,265 million, which means an increase by 1% y / y.

Throughout 2021, Polsat Plus Group recorded PLN 4,408.8 million of consolidated net profit attributable to shareholders of the parent company in 2021, compared to PLN 1,141.6 million of profit a year earlier, the company said in the report.

The operating profit amounted to PLN 5.8 million versus PLN 1.89 million profit a year earlier.

Consolidated sales revenues amounted to PLN 12,044 million in 2021 compared to PLN 11,962.9 million a year earlier.

“It was a very successful year in terms of financial results. I am particularly pleased with the increase in our retail revenues by almost PLN 300 million, which is the best illustration of the success of our multiplay strategy. At the same time, the media segment achieved a historically record-high EBITDA result, clearly exceeding the level of PLN 600 million, ”commented Katarzyna Ostap-Tomann, member of the management board for finance, quoted in the press release.

Cyfrowy Polsat and Polkomtel form an integrated media and telecommunications group controlled by Zygmunt Solorz. Cyfrowy Polsat shares have been listed on the WSE since 2008.

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