Report
Jerôme Bodin

M6 : H1 2019 results ahead of expectations, positive trend for the back-to-school period

>H1 results higher than expected - Yesterday evening, M6 reported its H1 2019 results and held its conference call afterwards. Interim results topped expectations with EBIT coming in at € 148m vs € 140m estimated. Management spoke of a positive trend for the back-to-school season during the conference call. This should, in our opinion, lead to positive growth in Q3 (+1.5%) following the slight decline in Q2. In the end, this publication once again demonstrates the gr...
Underlying
Metropole Television SA

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.

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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