TVN's Q3 figures show a 24% increase in revenues
Due to this in comparison to respective period of 2004 revenues increased by 24%, while EBITDA exceeded 20%, which are much better than anticipated by analysts. Accumulated revenues for 2005 stand at zł.584.2 million, which is over 16% more than in the respective period of last year. The third quarter was much worse than the first two quarters, but the company managed to offset seasonality. This among others happened thanks to higher results related to audience, which in turn was due to a new program offer. "Larger audience results with additional minutes, which can be used for advertising purposes," said Włodzimierz Giller, analyst with DB Securities. (Parkiet, p. 3) M.M.