Discovery: a turnover of $10.55bn (€9.19bn) and net profit of $594m (€517m) in 2018

The American audiovisual group Discovery posted a turnover of $10.55bn (€9.19bn) for the financial year 2018 (closing of accounts on 31/12/2018), announced the group which published its accounts on 26/02/2019.

This turnover is up 54% compared to 2017. Excluding acquisitions of American media (Scripps Networks, MotorTrend Group and Oprah Winfrey Network), and exchange rate movements, this result was up 3% (8% internationally and 1% in the United States) compared to 2017.

The group's operating profit was $4.1bn (€3.6bn) in 2018, up 64% compared to 2017. Excluding acquisitions and exchange rate movements, this result increased by 1%.

Net profit was $594m (€517m), compared to a loss of $337m in 2017 (€279m).

• US channels account for 60.2% of Discovery's total turnover in 2018 compared to 39.3% for international channels.

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