Report
Jerôme Bodin

Mediaset Espana : Market still tough but scope to adjust costs

>The market remains lacklustre but costs are under control - Yesterday, Mediaset España held a conference call following the publication of its H1 results. Note that these were in line with forecasts (EBIDTA of € 70m vs € 69m forecast) but the TV advertising environment in Spain remains difficult. Management delivered a cautious message on the advertising market in Q2 indicating a decline of 15% in April in line with that of Atresmedia. That said, the group has mainta...
Underlying
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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