Report
MFE B shares : Advertising trend still robust in Italy and Spain
>Good advertising momentum in Q1 as expected - MFE reported this morning its Q1 2024 earnings, which were very slightly below our forecast with EBIT of € 23.5m vs € 28m expected mainly under the effect of costs higher than we expected (up by around 8% over the quarter). Note that the group had already provided indications on the advertising trend, so this came as no surprise. Growth in the group’s advertising came to +6.3% in Q1, with +5.7% in Italy and +8% in Spain. ...
Underlying
MEDIASET NV
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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.
Jerôme Bodin
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