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Edited Transcript of PSM.DE earnings conference call or presentation 4-Aug-16 7:00am GMT

Indeed, we are ahead or at least in line with our pro rata targets with all units, broadcasting German-speaking, content production and global sales being clearly ahead. In terms of revenue and in terms of EBITDA they are as well ahead. We believe that ProSiebenSat.1 is well positioned for future growth. We continue to benefit in our advertising business from the print to media, TV media mix shift. Pricing continues to be a very positive source of revenue growth for us. And addressable TV advertising, innovative TV ad product offering opportunity for new growth. Read More Distribution continues to be a stable growing contributor of our broadcasting revenues. In D&A we benefit from the dynamically increasing digital video consumption, from new commerce ecosystem which will as well benefit from the conversion of TV and commerce, and from our strong M&A track record. As you know, Etraveli, Verivox were two very successful deals. And we believe that future deals will as well benefit -- give us a lot of benefits for future growth. Content production and global sales, we are growing our content library, our international customer base and our number of returning shows. And as this digital (technical difficulty) where I believe, we have a strong track record of M&A.

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Edited Transcript of CUMMINSIND.NSE earnings conference call or presentation 5-Aug-16 5:30am GMT

I think as we've demonstrated to you, we continue to sustain strong performance despite whatever headwinds we faced sometimes in domestic today largely in the export side. We continue to focus very heavily on streamlining our operations and deriving the best synergies on reducing cost using Six Sigma as our trusted methodology. We have other programs now focused on quality improvement et cetera. We continue to invest in new technologies. You've seen examples of that whether it's the QSK50 or the [L mechanical] gensets and now particularly with the investments in the upgraded new Technical Center, we feel that will also accelerate and we have a very, very strong and stable team at the top which is very diverse. And so I feel very comfortable and confident in our abilities to continue to deliver superior performance. We have a very strong financial backbone as you've seen. And so you can continue to expect that Cummins India Limited will continue to outperform in the marketplace.

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