Report
Jerôme Bodin

MFE B shares : Set to continue the positive advertising trend in Italy in Q4, but a tougher situation in Spain

>The advertising trend is solid in Italy and tough in Spain in Q3 - MFE reported yesterday its Q3 earnings, in with our forecasts for EBIT. Group EBIT for 9M stood at € 127m, i.e. -€ 9.8m in Q3, an improvement vs -€ 22.8m for Q3 2023 (the consensus was forecasting -€ 7m in Q3 2024). Advertising growth came to +11.8% in Q3 in Italy and -6.8% in Spain. MFE’s situation is quite different to that of the other broadcasters; the group benefits from synergies with Mediaset E...
Underlying
MEDIASET NV

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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