Overview
- MFE‑Mediaset posted net profit of €243.1 million for the first nine months of 2025, more than doubling year on year, on consolidated net revenues of €1,939.1 million.
- Operating profit (EBIT) fell to €61.3 million from €126.6 million, which the company linked primarily to margin pressure in Spain.
- Italy’s advertising take grew while Spain remained negative, with management saying third‑quarter ad revenue showed overall resilience.
- Free cash flow reached €348 million, about a 9.4% increase, as management highlighted roughly 10% improvement in cash generation.
- Following its takeover, MFE now holds 75.67% of ProSieben and will consolidate it line by line from Q4, with upcoming quarters affected by extraordinary, non‑comparable items; shares rose modestly in Milan after the update.