A director at Atresmedia Corporacion De Medios De Comunicacion Sa sold 9,268 shares at 5.280EUR and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directo...
>Fairly challenging advertising trend in Q3 - Atresmedia reported Q3 2024 results yesterday that came in slightly below our expectations with EBITDA of € 14m vs € 16m expected. Advertising revenues in Q3 were down 5%, while we looked for a decline of 6%. It was therefore a challenging quarter in terms of the advertising trend. Base effects were also demanding since Q3 2023 showed growth of 4.5%. We think that the group was notably affected by the fact that it did not ...
>Une tendance publicitaire assez difficile au T3 - Atresmedia a publié hier ses résultats du T3 qui ressortent légèrement inférieurs à nos attentes avec un EBITDA de 14 M€ vs 16 M€ attendus. La tendance publicitaire sur le T3 ressort en baisse de 5%, nous tablions sur une baisse de 6%. Le trimestre est donc difficile en termes de tendance publicitaire. Les effets de base étaient difficiles puisque la croissance a été de 4,5% au T3 2023. Nous pensons que le groupe a no...
We hosted our 4th ODDO BHF Iberian Forum on the 1st and 2nd of October 2024, virtually. In total, 63 companies were present. In the following note, we provide some initial feedback from the companies on day 2. - >ACS (=): good operating momentum maintained, Abertis and its dividends on the front page - Atresmedia (=): Q3 should be challenging but outlook reiterated - Befesa (=): zinc prices held up well, offsetting the negative impact of maintenance on Q3 volumes - CaixaBank ...
>Opinion Neutre réitérée - Atresmedia a publié hier ses résultats S1 2024 ressortis en ligne avec nos attentes (EBITDA T2 de 52 M€ vs 51 M€ attendus) et a tenu sa conférence téléphonique dans la foulée. La marge n’est qu’en très légère décroissance malgré la forte hausse des coûts sur le trimestre à environ +10% (principalement des coûts de grille). La croissance publicitaire ressort notamment en ligne avec nos attentes à 5,4%, en ralentissement séquentiel logique apr...
>Neutral rating reiterated - Atresmedia released its H1 2024 results yesterday in line with our expectations (Q2 EBITDA at € 52m vs € 51m expected) and followed them up with a conference call. The margin contracted only very slightly despite a big jump in costs over the quarter of around +10% (mostly programming costs). Advertising revenue growth came out in line with our forecast at 5.4%, having logically slowed down sequentially following a very healthy Q1 (+14.5%)....
The Platform Group (TPG) is a software company that is active across 20 industries through its digital platform solutions. Via its four segments (consumer goods, freight goods, industrial goods, service and retail goods), it serves both B2B and B2C customers. Given the growing revenues (2023-2026e CAGR +14.7%) and adjusted EBITDA margins (+270bp to 7.8% in 2026e vs 2023), as well as a solid financial profile (equity ratio >30%, average positive FCF of c.€ 8m for 2024e to 2026e) and un...
The Platform Group (TPG) is a software company that is active across 20 industries through its digital platform solutions. Via its four segments (consumer goods, freight goods, industrial goods, service and retail goods), it serves both B2B and B2C customers. Given the growing revenues (2023-2026e CAGR +14.7%) and adjusted EBITDA margins (+270bp to 7.8% in 2026e vs 2023), as well as a solid financial profile (equity ratio >30%, average positive FCF of c.€ 8m for 2024e to 2026e) and un...
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