Atresmedia : A tough Q1 but favourable momentum in radio and digital
>Sluggish advertising momentum as expected in Q1 - Atresmedia released its Q1 results yesterday and they came out in line with our expectations, with EBITDA reaching € 36m vs our forecast of € 35m. Moreover, advertising momentum was stronger than we expected, trending downwards by -5.4% whereas we had forecast -7%, as March proved better than anticipated on the back of adspend as a result of the elections held in Spain. But the year got off to a tricky start for adver...Atresmedia Corporacion De Medios De Comunicacion is a television and radio broadcasting company based in Spain. Co. is engaged in the indirect management of television and radio services, which include the broadcasting, creation, production and distribution of television and radio programming, and the sale of advertising time. Group companies mainly carry on business activities relating to the production, copying and broadcasting of sounds and images, and TV and Internet home shopping. Co. provides National and World Digital Television Services. Co. is the parent company of Grupo Antena 3.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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