on ProSiebenSat.1 Media SE (isin : DE000PSM7770)
ProSiebenSat.1 Sells Verivox to Moltiply
On March 21, 2025, ProSiebenSat.1 Media SE announced a binding agreement for the sale of Verivox to a subsidiary of Moltiply Group S.p.A. The deal, valued at approximately EUR 232 million with an additional earn-out potential of up to EUR 60 million, aims to complete today. This transaction aims to reduce ProSiebenSat.1's net financial debt by over EUR 250 million, excluding the earn-out component, improving its pro forma leverage ratio slightly above 2.4x by 2024.
Additionally, ProSiebenSat.1 has adjusted its financial outlook for 2025. It now targets Group revenues of around EUR 3.85 billion and adjusted EBITDA of EUR 520 million, reflecting a more cautious approach amidst current economic conditions. The sale of Verivox, alongside the acquisition of certain minority stakes in NuCom Group and ParshipMeet Group, aligns with the company's strategic financial adjustments.
R. H.
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