Report
Jerôme Bodin

ODDO : Marché publicitaire en forte baisse au T2 - Ajustement de nos prévisions

>Un marché publicitaire très difficile au T2 avec toutefois de premières possibles éclaircies en juin - Suite à un contact avec les deux sociétés du secteur, nous faisons un point sur nos attentes pour le marché publicitaire TV espagnol. Nous tablons sur un marché difficile en avril et mai. Contrairement à d’autres marchés européens, nous estimons que le marché est resté aussi difficile en mai qu’en avril en Espagne (-60%e). Ceci est probablement dû à un déconfinemen...
Underlyings
Atresmedia Corporacion de Medios de Comunicacion SA

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.

Mediaset Espana Comunicacion SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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