Intact Media Group reports 21 percent higher turnover for Q1

Newsroom 10/05/2010 | 12:01

Intact Media Group has reported a 21 percent higher turnover and a 50 percent higher operating profit in the first quarter of 2010 on the same period last year, for its television division.

According to company officials, the increase was mainly generated by Antena 1, with a 29 percent higher turnover, and Antena 2, which had a 30 percent higher turnover in 2010 Q1 compared to 2009 Q1.

“This year will be all about reaching full development, about evolution or extinction. We have taken our mission and our objectives very seriously and we have focused on results. In 2009, the group’s television division registered the biggest market share on the Romanian media market, approximately 30 percent. In 2010 we will capitalize on this advantage by developing a dynamic, efficient and relevant media platform,” said Sorin Alexandrescu, CEO of Antena 1.