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4-Traders Homepage  >  Equities  >  Xetra  >  Sky Deutschland AG    SKYD   DE000SKYD000

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Sky Deutschland Aims To Boost Offering To 60 Channels From 42

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04/03/2012 | 11:58am CEST

German pay television operator Sky Deutschland AG (>> Sky Deutschland AG) aims to increase its offering to 60 channels from 42, Chief Executive Brian Sullivan told shareholders Tuesday.

The company also said it still expects earnings before interest, taxes, depreciation and amortization to be significantly better in 2012 than in 2011, and positive in 2013, Chief Financial Officer Steve Tomsic said at the company's annual general meeting.

News Corp. (NWS), which owns Dow Jones & Co., publisher of this newswire, has a 49.9% stake in Sky Deutschland, formerly known as Premiere AG.

-By Harriet Torry, Dow Jones Newswires; +49 69 29725 511; [email protected]

Stocks mentioned in the article : Sky Deutschland AG
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