Television Poland in the message sent to the portal Wirtualnemedia.pl stresses that its financial results during the first half was better than planned. – A better result was achieved thanks to higher revenues from sales and simultaneously reducing costs. TVP has continued in the first half of multidirectional restructuring covering both the realm of the costs, as revenue diversification and optimization of redundant assets – describes the sender.
In the first half of this year. TVP recorded zł 277.6 million in subscription revenue, less than planned and 19.9 million zł less than a year earlier. Proceeds of the sender of advertising and sponsorship has decreased annually by 19.3 million zł (in the first half of last year advertisers attracted to the TVP broadcasts from the Winter Olympics and the World Cup), where they were about 12.6 million zł higher than They planned. Furthermore, Television Poland sold several real estate (not specified how much it earned on).
Television Operating expenses amounted to 723.5 million Polish zł. TVP stresses that were lower than expected. – As part of the restructuring measures recently put in order relations with external producers of television programs, concluding in two stages subsequent agreement on improving the economic efficiency far less used areas of exploitation, such as merchandising, size, product placement, Internet etc. also completed renegotiations agreements with major collecting societies – lists the sender in the message.
The decrease in expenses also contributed TVP employment restructuring, involving mainly the transfer of half of last year 411 full-time employees to the company Leasing Team (which this spring. Approx. 100 of them slowed down). Currently, employment in the company amounts to 2,807 jobs, about 532 FTEs less than a year earlier and 84 less than at the beginning of this year.
Television Poland expects to maintain a positive financial result later in the year. – There are no risks to the achievement of the objectives envisioned under the functional plans of the company, all plans are implemented in accordance with the assumptions or are positively exceeded and there are no risks to achieve positive financial results, as in 2014 – informs company.
In the last year Polish television reported zł 1.52 billion in revenues and 6.3 million zł net profit (see details).
More information Television Poland, subscription TV, television advertising, financial performance TVP
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