ProSiebenSat.1 Media SE : Minor disappointment on dating but other activities turned in good and even better performances!
>The stock is still very attractive and momentum is set to remain solid over the next six months - Pro7Sat1 yesterday reported Q3 results a shade below expectations with recurring EBITDA of € 162m whereas we had been forecasting € 176.5m. The main difference comes from higher than expected costs in the entertainment division with robust investment in content. However, the group has raised its 2021 guidance, particularly EBITDA, reflecting a better-than-expected Q4. Th...ProSiebenSat.1 Media is a holding company engaged as a media corporations in Europe, with TV stations in Germany, Austria and Switzerland. Co.'s core business consists of free TV financed by advertising. Co. also owns an international production network along with digital and ventures portfolio. In addition, Co. is engaged as online seller of video content on the internet. Also, Co. is involved in the online games business and operates an e-commerce portfolio. Through its Red Arrow Entertainment Group, Co. produces international TV programs and sells them to TV stations worldwide. Co. has three segments: Broadcasting German-speaking, Digital & Adjacent and Content Production & Global Sales.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.