9M17 results from Spanish broadcasters were in line with consensus but their outlooks for Q4 were not optimistic enough to change the downward trend which started in early May of this year. Investors are concerned about a possible decoupling of consumption growth vs. ad investment, a question for which the jury is still out of whether it is temporary or the beginning of a secular trend.
Gestevision Telecinco is a television network company based in Spain. Co. heads a group of dependent companies, which form the Telecinco Group. Through its subsidiaries, Co. is engaged in the management and commercial exploitation of a television network. Co.'s television network acquires, produces, and distributes audiovisual content. Co. also sells the network advertising airtime, carried out by its subsidiary. In addition, Co. is involved in the sale of other advertising products; production of news programs; the production and sale of audiovisual property rights; and teleshopping.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.