Cyfrowy Polsat Group awarded in the “Eagles” competiton of Rzeczpospolita daily

Date: 
29 Apr 2016

During the official ceremony summing up this year’s edition of the List 500 of the largest Polish enterprises, Cyfrowy Polsat Capital Group was awarded with the Eagle of Rzeczpospolita daily in the category Best infrastructure, trade and non-financial services company.

The assessment criteria adopted by the Jury included indicators related to efficiency, stability and development ability, such as ROE, EBITDA margin, labor productivity, as well as the ability to repay indebtedness and revenue dynamics.

Exerts underscored the Group’s stable revenue, effective control of operating cost and the finalization of the process of debt refinancing. The strategy of building a portfolio of integrated contract services comprising pay TV, mobile telephony and internet access in the lasted LTE technology (the smartDOM program) is being executed successfully. Cyfrowy Polsat’s and Polkomtel’s excellent results are perfectly complemented, by Telewizja Polsat, whose TV channels were leaders in terms of viewership in the commercial group and whose TV advertising and sponsorship revenue grew almost twice as fast as the market in the previous year.

In 2015 Cyfrowy Polsat Group posted PLN 9.8 bn of revenue while achieving EBITDA of PLN 3.7 bn and nearly PLN 1.2 bn in net profit. The group’s valuation on Warsaw Stock Exchange stands at nearly PLN 16 bn, making it the biggest publicly-traded media and telecommunication group.

Other companies, apart from Cyfrowy Polsat, which received the awards during the gala organized in Ujazdowski Castle in Warsaw included: Sanok Rubber Company in the category of industrial firms and PZU among service companies. This year the Award’s Chapter added one more category, i.e. the new economy companies, with the award going to CD Projekt.

In this year’s 18th edition of the List 500 prepared by Rzeczpospolita daily – the prestigious summary of the largest Polish enterprises – Cyfrowy Polsat Group was ranked 24th, thus advancing by 9 positions compared to 2014.

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Last updated 05/04/2016