Report
Jerôme Bodin

Mediaset Espana : Update on Mediaset España: what to expect in Q1 and 2021?

>A very attractive valuation given future momentum - We propose an update on Mediaset España in the approach to the end of Q1. Visibility remains very limited and it is difficult to make any precise forecasts with comparison bases being so volatile. The first ten weeks of 2020 were broadly stable, thus leading to a marked decline in 2021 (-20%). That said, the situation improved significantly as of 15 March with a 50% decline last year. In this context a decline of 10...
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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