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THIS PRESS RELEASE AND ANY INFORMATION CONTAINED HEREIN SHALL NOT BE PUBLISHED OR DISTRIBUTED , DIRECTLY OR INDIRECTLY , IN WHOLE OR IN PART , IN OR INTO CANADA , SOUTH AFRICA , AUSTRALIA , JAPAN , OR IN OR INTO ANY JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW . GRUPPO MEDIASET PRESS RELEASE Mediaset Board of Directors Meeting 9 November 2021 BOARD APPROVES THE GROUP'S RESULTS FOR THE FIRST NINE MONTHS OF 2021 FIGURES SHOW STRONG GROWTH COMPARED WITH 2020 BUT ALSO COMPARED WITH THE SAME PERIOD OF 2019 RECORD THIRD QUARTER BOTH IN ADVERTISING SALES AND NET PROFIT Mediaset Group Net revenues : € 1,992.7 million Operating profit ( Ebit ) : € 275.0 million Net profit : € 273.8 million Free cash flow : € 423.6 million Ratings : Mediaset confirms its leadership in the commercial target in both Italy and Spain The Board of Directors of Mediaset today unanimously approved the Group's interim report for the period to 30 September 2021 . Despite a context still affected by the coronavirus emergency , the Mediaset Group ended the first nine months of 2021 in Italy and Spain with a strong increase in results , both compared with the same period of 2020 and to the pre - pandemic year of 2019 : in particular , a three - fold increase in profit compared with 2019 and a fall in costs , both in Italy and Spain , again compared with 2019 . It should also be noted that the third quarter , historically the least brilliant of the year for television companies , recorded record figures : net profit of € 47.1 million ( compared with € 29.4 million in 2020 ) , EBIT of € 76.3 million ( compared with € 55.9 million in the previous year ) and cash generation of € 149.0 million ( compared with € 23.9 million last year ) . In addition , gross consolidated advertising sales in the third quarter reached € 534.8 million , confirming the positive trend that has now been seen for five consecutive quarters . In particular , the cumulative growth in advertising revenues in Italy is also higher than 2019 levels . The results for the first nine months of 2021 quarter , can be summarised as follows : • - reinforced by the solid contribution of the third Consolidated net revenues came to € 1,992.7 million , compared with € 1,722.8 million in the first nine months of 2020 . 1