WARSAW: TVN, the Polish broadcaster repeated that it is eyeing around 590 million zlotys from EBITDA in 2015. The group has already beaten its own estimate last year.
The group, in the process of being sold by its owners, closed 2014 with adjusted EBITDA, or earnings before interest, tax, depreciation and amortization, at 530 million compared to its forecast of around 520 million.
The broadcaster repeated it saw 2015 revenue growth in the range of 5-9 percent, coming in above the 3.6 percent it booked in 2014. It expects economic growth in Poland to translate into mid-single digit growth of the TV advertising market.
