ORF Recorded Slight Profits in 2011

Companies › Telecoms ♦ Published: February 25, 2012; 18:04 ♦ (Vindobona)

The Austrian public broadcaster ORF achieved profits of € 11.4m in 2011. Further cost cuts are planned.

ORF Recorded Slight Profits in 2011 / Picture: © ORF

“ORF Group as well as the operating company registered profits in 2011.” CEO Alexander Wrabetz stated. Profits of ORF Group amounted to € 6.4m, the operating company achieved profits of € 11.4m.

Wrabetz and CFO Richard Grasl underlined that expectations could be surpassed. The figures also include necessary restructuring measures. In 2012, ORF headquarters have to be…

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