M6 : Good 2018 results and positive start to the year in advertising
>Good results and attractive strategic outlook - Yesterday evening, M6 reported its 2018 results and then held an analyst meeting. Reported EBITA totalled € 266m while our forecast was for € 260m. The TV arm is higher than our forecast but the group was impacted by challenging business in diversifications. Advertising revenues showed zero growth in Q4 (our forecast was for -0.5%). The group indicated that the start of the year showed an improvement on December (i.e. a...Co. is engaged in the media industry, primarily television edition & broadcasting. Co.'s operations can be divided into three segments. In the Free-to-Air segment, Co. operates a Free-to-Air terrestrial TV network, financed exclusively by advertising. In the Digital TV segment, Co. broadcasts many digital channels. In the Diversification & audiovisual rights segment, Co. purchases audiovisual rights. Co. is also engaged in distance-selling business, allows viewers to play an active role in the unfolding of programs proposed to them, develops mobile phone content; publishes a family of websites, organizes events & shows, & manages football Club des Girondins de Bordeaux.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.