Atresmedia : Positive message on the Q2 trend with an increase of 150% in April
>A marked improvement in the trend in April and May - Yesterday, Atresmedia reported Q1 results a shade above our forecast (EBITDA of € 35m vs € 30m anticipated). Advertising growth was down by 13% in Q1. This comes as no surprise as the base effect was not particularly favourable in January and February. During the conference call management alluded to a very strong recovery in April (+150%) and May (+100%). It is therefore possible that Q2 2021 will be in line with ...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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