Mediawan : EBITDA expected to be only slightly lower in 2020
>2020 will be impacted but capacity for resilience thanks to business fit - Mediawan yesterday held its analysts’ meeting following the release of its full-year 2019 results, which were in line with our expectations (EBITDA of € 53m and organic growth of 14%). The year is set to be characterised by varying trends, with advertising pressure, deferrals in the fiction segment and strong growth in rights sales. We now forecast 2020 EBITDA of € 50m (vs € 58m previously). W...Mediawan was incorporated as a Special Purpose Acquisition Company for the purpose of acquiring one or more operating businesses or companies in the traditional and digital media content and entertainment industries in Europe. Through it's subsidiary, Groupe AB, Co. is an independent publisher, producer and distributor of audiovisual content in French-speaking Europe. Its main activities are producing and distributing TV series, TV films, cartoons and documentaries as well as publishing TV channels and related digital services. The group has a portfolio of 19 channels, which are distributed in French-speaking Europe and Africa.
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.
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