Mediaset : A good Q1, details on consolidation and possible synergy plan with Mediaset España
>Q1 results slightly better than expectations thanks to costs - Mediaset's Q1 earnings, reported yesterday, were slightly better than expected. Advertising revenue posted negative growth of -4.4%, mainly due to the discontinued Serie A contract. The group confirmed a cautious message on 2019, alluding to very limited visibility and a tough macroeconomic environment in Italy. We still expect a decline in advertising revenue of 3.7% in 2019 (including the effect of disc...Mediaset S.p.A. is a joint stock company. Co.'s majority shareholder is Fininvest S.p.A. Mediaset is a multinational media group. Its core business is commercial television broadcasting in Italy and Spain. In Italy, Co. has two main areas of business: Integrated television operations and Network infrastructure services and management. In Spain, Co. is the main shareholder of Mediaset Espana, a Spanish commercial television broadcaster with two main general interest channels (Telecinco and Cuatro) and a range of six free-to-air thematic channels.
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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