Cyfrowy Polsat sees single-digit growth in 2018

WSE-listed Cyfrowy Polsat was positively surprised by the growth in TV advertising market in Q1, but has maintained its single-digit growth forecast for 2018,  board member Maciej Stec said during the conference. According to Polsat's estimates based on the Starcom data, expenses for advertising and sponsoring rose by 9.6 percent in Q1 in Poland. Revenues of Polsat TV group in this segment increased by 15.1 percent.