Eurosport Reports Growth In Profits

Eurosport has reported a significant growth in profit despite the broadcaster’s revenue falling by £18.2m. The financial figures were released by TF1, the French media firm and parent company of Eurosport. The broadcaster’s operating profits increased by £!4.9m to £67.3m.

TF1 said that the fall in revenue was due to more major sporting events in the previous year including the London 2012 Olympic Games.

A statement from TF1 said that Eurosport’s ‘difficulties in the Spanish and Scandinavian markets… (were) partly offset by the channel’s success in Eastern and Central Europe and by the expansion of Eurosport Asia-Pacific.’