TVN results in line with expectations

Major Polish broadcasting group TVN recorded a consolidated net profit of PLN 115.08 million in the second quarter of 2014. Analysts polled by the Polish Press Agency had expected it to be PLN 109.2 million. TVN’s operating profit in Q2 2014 amounted to PLN 165.5 million. It was also in line with market consensus, which stood at PLN 165 million. The group’s revenue stood at PLN 433.9 in Q3. Analysts saw the figure at PLN 433.9 million.