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Cyfrowy Polsat SACyfrowy Polsat raises its forecast for growth of TV advertising and sponsorship market in ‘24 to mid-single-digit rate
Listed TMT group Cyfrowy Polsat expects the TV advertising and sponsorship market to grow at a mid-single-digit rate in 2024, the company said in a press release.The group had previously forecast a low single-digit growth rate.
TV Polsat Group's TV advertising and sponsorship revenues in Q2 2024 grew by 4.8 percent year-on-year to PLN 361 million (EUR 84.2 mln), while the TV advertising market recorded an increase of 5.7 percent.
As a result, TV Polsat Group's share of the TV advertising and sponsorship market was 28.1 percent, compared to 28.3 percent in Q2 2023.
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