September 26, 2017 / 4:11 PM / 23 days ago

Mediaset to post operating and net profit on positive advertising trend

MILAN, Sept 26 (Reuters) - Italian private broadcaster Mediaset said on Tuesday that a positive trend in advertising would allow it to post an operating and net profit for the full year.

The Milan-based TV group, controlled by the family of former prime minister Silvio Berlusconi, said operating profit in the first six months of the year rose to 212.8 million euros ($250 million) from 96.1 million euros the previous year.

Sales in the period were marginally lower at 1.846 billion euros from 1.870 a year ago.

$1 = 0.8496 euros Reporting by Giulia Segreti

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