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Page 1 Press release ProSiebenSat.1 Group increases full - year outlook for revenues and adjusted EBITDA following a good first quarter ● ProSiebenSat.1 Group's revenues grew better than planned by 1 % to EUR 938 million in the first quarter of 2021 despite pandemic - related lower advertising revenues . Also the Group's adjusted EBITDA developed better than originally expected in the pandemic environment , declining by only 9 % year - on - year to EUR 143 million . In particular the strong earnings growth in the Dating and Commerce & Ventures segments largely offset the declines in the high - margin advertising business . Together with efficient cost management , this strengthened the Group's profitability . Net financial debt was reduced by EUR 295 million compared to March 31 , 2020 , despite the pandemic environment . The Group increases its full - year outlook for revenues by EUR 100 million to a target range between EUR 4.250 billion and EUR 4.450 billion and for adjusted EBITDA from between EUR 720 million and EUR 780 million to between EUR 750 million and EUR 800 million . EUR 938 million Group revenues in Q1 2021 EUR 143 , RⓇ Q1 2021 million adjusted EBITDA in Q1 2021 + 1 % revenues in Q1 2021 vs. Q1 2020 295 million reduced net debt vs. March 31 , 2020 EUR Unterföhring , May 12 , 2021. Despite the continuing impact of the COVID - 19 pandemic , ProSiebenSat.1 Group made a good start into financial year 2021 : In the first quarter of 2021 , the Group generated revenues of EUR 938 million - a slight increase of 1 % compared to the previous year ( previous year : EUR 926 million ) . In the first three months of the year , the ongoing diversification of the Group more than compensated for the effects of the COVID - 19 pandemic on the Group's revenues after the previous - year quarter was not