Report
Jerôme Bodin

MFE B shares : H1 2023 EBIT ahead of expectations thanks to tight control of costs

>Underperform recommendation reiterated - MFE released H1 2023 results ahead of our expectations, with H1 EBIT of € 121m vs € 111m forecast. This is mainly due to a cost saving higher than our expectations despite an advertising trend that was a shade tougher than expected. Advertising growth in Italy was -1.5% in Q2 below our expectations (+0.2%). The group held a conference call in the wake of the interim results release in which it indicated that it was impacted by...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Thijs Berkelder
  • Thijs Berkelder
Jean-François Granjon
  • Jean-François Granjon
Jean-François Granjon
  • Jean-François Granjon

ResearchPool Subscriptions

Get the most out of your insights

Get in touch