Report
Jerôme Bodin

TF1 : T4 en ralentissement conjoncturel mais résultats en ligne

>T4 en léger ralentissement à -2% - TF1 a publié ce matin ses résultats 2018 ressortis en ligne avec les attentes (EBIT récurrent de 196 M€ vs 190 M€ attendus par le consensus et 198 M€ par Oddo BHF). Le CA publicitaire ressort à -2% au T4 (vs consensus à -1% et Oddo BHF à 0%), en ralentissement par rapport à la tendance des 9 premiers mois de l’année, probablement en raison du climat social en France et d’un effet de base particulièrement difficile (+2,9% au T4 17). ...
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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