Mfe, the old Mediaset doubles the net profit of 2019
The TV group released i preliminary accounts 2021the first since the transfer of registered office in the Netherlands. In 2021 Mediasetnow called MediaforEurope (Mfe), he recorded Net revenues consolidated for 2,914 million, up 11% compared to 2020, with a Net income of 374 million, an increase of 169% compared to 2020 and about double that of 2019 pre-Covid.
These are the preliminary data of the television groupwhich issued its first annual accounts since the transfer of the registered office to the Netherlands, with the main indicators of both consolidated and Italian activities “positive and higher than the company estimates at the beginning of the year”. EBIT was 476 million (+ 52%). The net financial position at the end of 2021 was 869 million compared to the 1.064 billion recorded at the same date of the previous year.
Mfe (Mediaset), good advertising performance
The advertising revenue in Italy, which recorded + 14.4% on 2020 and 2.4% on 2019. “In particular, despite the difficult comparison, Italian activities in the fourth quarter reached a advertising revenue consolidated growth of 2.2% compared to the same period of 2020, confirming a positive trend underway for six consecutive quarters “, adds the company.
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