Report
Jerôme Bodin

ProSiebenSat.1 Media SE : Légère amélioration de tendance sur le T2

>Le plus dur est probablement passé d’un point de vue publicitaire - Pro7Sat1 a tenu hier sa conférence téléphonique suite à ses résultats T1. La tendance publicitaire est en amélioration au T2 après un T1 difficile (-4%). La seconde partie de l’année devrait être toutefois meilleure avec un effet de base très favorable (-8% au T4 par exemple). Nos attentes sont très légèrement revues en hausse suite à cette publication, notamment sous l’effet d’une prévision de coûts...
Underlying
ProSiebenSat.1 Media SE

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.

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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