Report
Pierre François Merveille

Banijay Entertainment : Resilient business supported by returning shows

Banijay Entertainment is a relatively defensive name within the media sector given the resilience of its content production and distribution business to the macroeconomic context. Although free-to-air broadcasters were hit by the weakening of the ad market in 2023, we estimate that Banijay posted 2-3% organic revenue growth last year and we expect a similar pace in 2024 thanks to i/ its higher exposure to unscripted content (good cost/audience ratio) and returning shows (70% of r...
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
Pierre François Merveille

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