ProSiebenSat.1 Shares Advance After Strong H1 EBITDA Turnaround
ProSiebenSat.1 Media shares jumped after the German broadcaster reported a pronounced swing to profit for the first half of 2026, led primarily by broad cost reductions rather than revenue gains. Q2 core EBITDA exceeded the company analyst consensus and H1 EBITDA moved to a positive €124M from a €28M loss a year earlier, prompting the market to bid…