Mediaset : Q1 in line and Q2 looks set to be a good quarter with growth of 100% in April
>Q1 in line with expectations but recovery slightly better than expected in Q2 - Mediaset released its Q1 results on Wednesday, which were in line with our expectations, with EBIT of € 68m vs the € 69m forecast. The group held a conference call afterwards to confirm a solid upturn in the Italian advertising market. We are revising up our forecasts for Q2 and we now anticipate advertising growth of 45%. April is expected to show 100% growth, which is close to the Span...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.
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