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MarketScreener Homepage  >  Equities  >  Xetra  >  ProSiebenSat.1 Media SE    PSM   DE000PSM7770

PROSIEBENSAT.1 MEDIA SE

(PSM)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 12/02 05:24:28 am
12.325 EUR   -1.00%
11/27PROSIEBENSAT.1 : UBS keeps its Buy rating
MD
11/19PROSIEBENSAT.1 : Independant Research reaffirms its Sell rating
MD
11/17PROSIEBENSAT.1 : Warburg Research remains its Buy rating
MD
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ProSiebenSat 1 Media : ProSieben puts online drugstore Windstar Medical up for sale - sources

09/30/2020 | 10:46am EST
FILE PHOTO: File photo shows the logo of Germany's biggest commercial broadcaster ProSiebenSat.1 Media AG in Unterfoehring

German TV broadcaster ProSiebenSat.1 has put its online drugstore Windstar Medical up for sale as it streamlines its technology investments, people close to the matter said.

The profitable retailer of over-the-counter drugs could be valued at around 250 million euros (228.60 million pounds), including debt, in a potential deal, the people said.

Non-binding offers for the unit are due shortly, with mostly private equity groups expected to show interest in the start-up with some 100 employees, they said.

ProSieben said it announced in March 2020 it would examine all existing investments to see whether there are clear synergies with its core business, adding that it would assess in each case whether it is the best owner for individual companies.

ProSieben, under new management, is looking to raise money from asset sales after the reign of former CEO Max Conze ended amid boardroom acrimony earlier this year and the COVID-19 pandemic slashed advertising revenues at its core commercial television business by 40%.

New CEO Rainer Beaujean is also having to contend with persistent takeover speculation after Italy's Mediaset amassed a 24.2% stake, while Czech investor Daniel Kretinsky and private equity firm KKR have also built shareholdings.

Prosieben is also launching a sales process for online fashion retailer Stylight, which has roughly 30 million euros in sales, the people said, adding investment bank Macquarie was organising the auctions.

Separately, ProSieben is exploring the possible sale of beauty products retailer Flaconi, which competes with larger peers Douglas, one of the people said.

ProSieben bought Windstar Medical in 2016 through its technology subsidiary NuCom.

Windstar Medical sells non-prescription healthcare products and has its own brands including SOS, GreenDoc and Vitalia and, according to ProSieben's 2019 annual report, saw "significant growth".

($1 = 0.8543 euros)

By Arno Schuetze and Klaus Lauer


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
MEDIASET -0.30% 2.02 Delayed Quote.-23.83%
PROSIEBENSAT.1 MEDIA SE -1.25% 12.35 Delayed Quote.-10.50%
All news about PROSIEBENSAT.1 MEDIA SE
11/27PROSIEBENSAT.1 : UBS keeps its Buy rating
MD
11/19PROSIEBENSAT.1 : Independant Research reaffirms its Sell rating
MD
11/17PROSIEBENSAT.1 : Warburg Research remains its Buy rating
MD
11/16PROSIEBENSAT.1 : Goldman Sachs gives a Buy rating
MD
11/11Italy's Mediaset predicts 2020 profit on advertising recovery
RE
11/11PROSIEBENSAT.1 : Gets a Buy rating from JP Morgan
MD
11/10PROSIEBENSAT.1 : Goldman Sachs gives a Buy rating
MD
11/10PROSIEBENSAT.1 : Warburg Research reiterates its Buy rating
MD
11/09PROSIEBENSAT.1 : Upgraded to Buy by NorldLB
MD
11/06PROSIEBENSAT.1 : Berenberg sticks Neutral
MD
More news
Financials
Sales 2020 3 926 M 4 735 M 4 735 M
Net income 2020 190 M 229 M 229 M
Net Debt 2020 2 163 M 2 609 M 2 609 M
P/E ratio 2020 14,6x
Yield 2020 2,68%
Capitalization 2 815 M 3 394 M 3 395 M
EV / Sales 2020 1,27x
EV / Sales 2021 1,14x
Nbr of Employees 7 408
Free-Float 58,6%
Chart PROSIEBENSAT.1 MEDIA SE
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ProSiebenSat.1 Media SE Technical Analysis Chart | MarketScreener
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Technical analysis trends PROSIEBENSAT.1 MEDIA SE
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 12,63 €
Last Close Price 12,45 €
Spread / Highest target 44,6%
Spread / Average Target 1,47%
Spread / Lowest Target -47,8%
EPS Revisions
Managers
NameTitle
Rainer Beaujean Chief Executive & Financial Officer
Werner Brandt Chairman-Supervisory Board
Nick Thexton Chief Technology Officer
Lawrence A. Aidem Independent Member-Supervisory Board
Adam Cahan Independent Member-Supervisory Board
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