The Polish DTH platform nc+ ended the first quarter with 2.12 million post-paid subscribers, down slightly on the 2.15 million posted three months earlier. Its average monthly ARPU was also down, from PLN68.3 (€16.8) to PLN68.2, while revenues amounted to PLN525 million. EBITDA in Q1 was PLN105 million, with TV’s share of nc+’s profit amounting to PLN14.4 million.
TVN’s revenues in Q1 stood at PLN363 million, up 3.6% year-on-year and adjusted EBITDA PLN92 million (+5.3% year-on-year).
Meanwhile, net profit was PLN79 million, compared to PLN51 million in Q4 2014.