Report
Jerôme Bodin

TF1 : Q1 in line - Outlook for the full year still solid

>Solid Q1 advertising trend driven by the success of TF1+ - On Tuesday, TF1 published its Q1 2024 results, which were followed by a conference call. They were in line with our forecasts for EBITA at € 37.3m (our forecast was € 37.5m). The Q1 advertising trend was solid, notably with a very good performance delivered by TF1+. This was an atypical quarter and marked by an increase in costs. The comparison base was notably relatively unfavourable for programming costs an...
Underlying
Television Francaise 1 SA

Television Francaise 1 is a French general-interest television channel. Co. is an integrated communications group. Its activities cover the whole of the audiovisual industry: upstream in production, acquisition and sale of audiovisual rights and also in distribution of feature films to cinemas; downstream in sale of advertising space, and publishing and distribution of DVDs and music CDs. Co. is also engaged in home-shopping TV with Teleshopping, and pay-TV market. In addition, Co. produces multimedia content. Its activities can be divided into four sectors: Broadcasting France, Broadcasting International, Audiovisual Rights and Other Activities.

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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