Report
MFE B shares : Positive trend on Q1 and good cost control
>Positive advertising trend in Q1 - Yesterday, MFE reported Q1 results that beat our forecasts for EBIT primarily thanks to cost savings that were greater than anticipated. The advertising trend was positive and up slightly over this first quarter (+0.4%). The group held a conference call during which it indicated that the favourable momentum observed in Q1 should continue through the first part of Q2 but that visibility remains limited thereafter. This came as a surp...
Underlying
MEDIASET NV
Provider
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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