Report
Jerôme Bodin

ProSiebenSat.1 Media SE : Résultats T1 un peu meilleurs et indications T2 conformes à notre scénario

>Résultats T1 2020 un peu meilleurs et message rassurant sur les coûts - Pro7Sat1 a publié hier soir ses résultats préliminaires du T1 ressortis légèrement supérieurs à notre attente (EBITDA de 157 M€ alors que nous tablions sur 152 M€). Ceux-ci n’étaient pas attendus. Cette différence s’explique essentiellement par une baisse publicitaire moins mauvaise qu’attendu (-4% vs -6%). Le groupe confirme un mois d’avril difficile (-40% pour la publicité TV) mais la situatio...
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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