SBS Broadcasting Reports Excellent 2004 Results and Provides Solid 2005 Outlook

SBS Broadcasting (SBTV) reported very solid 4Q04 and 2004 results after the close on Monday. Monday’s conference call confirmed the solid numbers apparent in the press release and laid out an encouraging outlook for 2005 that is conservative in my opinion. For 4Q04, SBTV reported

SBS Broadcasting Makes Another Acquistion and Speaks to The Street

SBS Broadcasting (SBTV) presented at a Bear Stearns conference on Tuesday after the close. Besides providing an overview, the company used the occasion to announce the acquisition of the #3 TV station/network in Romania and the top two radio stations (Central European Media Enterprises is #1 and #2 in TV). The acquisition price was

Good Results for SBS Broadcasting

Northlake’s latest purchase on behalf of clients, SBS Broadcasting, reported third quarter EPS yesterday. The results were basically in line with estimates and the company reiterated its 2004 guidance….

New Purchase: SBS Broadcasting

Yesterday, Northlake purchased SBS Broadcasting (SBTV) for clients. SBTV is a U.S. company with an American CEO, although the company receives 100% of its revenue in Europe where it is one of the leading television and radio broadcasters. In 2004, revenue is estimated at