Atresmedia : Advertising growth stable for now in Q4, no improvement in automobile
>Growth slows slightly in Q4 - Yesterday, Atresmedia published Q3 results that fell short of our forecasts with EBITDA of € 29.0m vs € 35m. The group reported a Q4 advertising trend that is stable for the time being in a still difficult environment in the automobile segment. In this segment, the group has indicated that it anticipates no improvement in Q4. Management thinks that a recovery could materialise in mid-2022. In this context, we are now forecasting flat gro...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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