Report
Jerôme Bodin

MFE B shares : Advertising trend better than expected in Q4 and for the beginning of this year

>Underperform recommendation reiterated - Yesterday, MFE published 2022 results that were in line with our forecast for € 322m vs € 334m estimated. This slight difference was due to costs. On the positive front, the welcome surprise was the advertising trend which was far better than expected (-0.5% vs -6% estimated in Q4), despite the group not broadcasting the Football World Cup. The group held a conference call following the publication during which it noted that ...
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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