Mediaset reported Q2 17 revenues slightly above consensus at €956.4m (-0.2%). This implies the H1 17 revenues dropped by 1.3% to €1,845.7m (H1 16: €1,870.6m), impacted by declining Italian pay-TV, Italian other revenues and Mediaset Espana revenues (-2.5% to €508.5m for the latter). Consolidated H1 17 EBIT positively improved by €116.7m to €212.8m (i.e. an operating margin moving from 5.2% to 11.5%), namely highlighting a recovery from the last year’s loss-
29 Sep 2017
Moving away from Italian losses...
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Moving away from Italian losses...
MFE-MediaForEurope NV Class B (MFE2:WBO) | 0 0 1.8% | Mkt Cap: 3,817m
- Published:
29 Sep 2017 -
Author:
Véronique Cabioc'h -
Pages:
3
Mediaset reported Q2 17 revenues slightly above consensus at €956.4m (-0.2%). This implies the H1 17 revenues dropped by 1.3% to €1,845.7m (H1 16: €1,870.6m), impacted by declining Italian pay-TV, Italian other revenues and Mediaset Espana revenues (-2.5% to €508.5m for the latter). Consolidated H1 17 EBIT positively improved by €116.7m to €212.8m (i.e. an operating margin moving from 5.2% to 11.5%), namely highlighting a recovery from the last year’s loss-