Prosieben Sat 1 Media (PBSFF) Q3 2024 Earnings Call

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WEBVTT 00:00:01.415 -- 00:00:05.840 Please stand by. We're about to begin. Good morning, ladies and gentlemen, and welcome 00:00:05.840 -- 00:00:10.866 to our Q3 in nine months 2024 conference call of ProSieben Sat1 00:00:10.866 -- 00:00:14.691 Media SE. This conference is being recorded. 00:00:14.691 -- 00:00:17.314 Today's call is hosted by Mr. Dirk Voigtlander. 00:00:17.314 -- 00:00:19.894 Please go ahead, sir. 00:00:21.459 -- 00:00:26.485 Good morning, ladies and gentlemen, and welcome to ProSieben Sat1's Q3 2024 results conference 00:00:26.485 -- 00:00:31.507 call, also from my side. Today's conference call will be hosted by Martin Miltner, CFO 00:00:31.507 -- 00:00:36.176 of Proceedment Set 1. As always, Martin will first take you through the group's financial 00:00:36.176 -- 00:00:39.002 and operational performance of the first nine months. 00:00:39.002 -- 00:00:43.250 He will conclude his presentation with comments on our outlook for the full year. 00:00:43.250 -- 00:00:46.597 The presentation will be followed by a Q&A session. 00:00:46.597 -- 00:00:50.901 With these opening remarks, I now hand over to Martin. 00:00:51.263 -- 00:00:56.728 Thank you, Dirk. Dear ladies and gentlemen, also from my side, a warm welcome to our 00:00:56.728 -- 00:01:00.450 Q3 analyst conference. 00:01:00.512 -- 00:01:05.517 Before we go into detail, let me give you a quick overview of our financial performance. 00:01:05.517 -- 00:01:10.279 In the first nine months, group revenues increased by 3% to €2,656,000,000. 00:01:13.384 -- 00:01:18.289 This reflects a solid performance in the entertainment segment, as well as the dynamic 00:01:18.289 -- 00:01:20.879 growth of our commerce and venture segment. 00:01:20.879 -- 00:01:25.904 However, in light of the demanding economic environmen...