MILAN May 9 Italy's private broadcaster
Mediaset said on Tuesday it expected to report both an
operating and net profit this year after a strong improvement in
the first quarter.
The Milan-based TV group said operating profit in the
January-March period rose to 76.6 million euros ($83
million)from 21.4 million the previous year, despite a 2.5
percent drop in net revenues.
The broadcaster, controlled by the family of former prime
minister Silvio Berlusconi, said it expected group-wide
advertising revenues to keep growing after ad sales in Italy
rose 2.4 percent in the first quarter.
($1 = 0.9197 euros)
(Reporting by Giulia Segreti)