Atresmedia : H1 2022 in line and Spanish market continuing to lose altitude
>Advertising trend still tough going in H2 - Atresmedia yesterday morning reported H1 2022 results broadly in line with our expectations (EBITDA of € 88m vs € 91m expected). Advertising growth in Q2 came in at -6.8%, while we forecast -7%. The trend in Spain remains tougher than elsewhere in Europe. The conference call was an opportunity for management to highlight the lack of visibility on the rest of the year and to indicate that advertising trends in Q3 and H2 are...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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