Tuesday October 27, 2020

TV3 reports €6.8m loss despite revenue increase

TV3 said it increased revenue for last year by 2 per cent to €58.6m but after bank interest of €2.5m and other items, the it reported a loss of €6.8m.

1st November, 2012

Commercial station TV3 said today that the group increased revenue for last year by 2 per cent to €58.6 million. However, after bank interest of €2.5 million and other items, the group reported a loss of €6.8 million.

In a statement, the group which includes 3e, said operating profit before exceptional items increased to €3.3 million in 2011 and that it generated €2.8 million cash from operations. The group had earnings before interest, tax, depreciation and...

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