Mediaset Espana : Good Q3 and continued variability of the model
>Good Q3 and slight increase in our 2020 EBITDA forecast - Mediaset España yesterday reported Q3 2020 results in line with our expectations, with revenue down 3.8% at € 172m. The group’s results are satisfactory, driven by an upturn in the advertising market in October and good cost management. Management has not provided guidance on Q4, but we believe the health restrictions are likely to result in a deterioration. Although showing signs of improvement in October, th...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.
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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