Although Mediaset outperformed the Italian TV advertising market over H1 15 (-0.7% versus -3%), its total revenues for the period were down 0.2% to €1,721.1m as the Italian businesses remained in the red (-1.1%), offsetting the positive Spanish trend (+2.2%). The group EBIT margin slightly improved from 6.3% to 8% thanks to the Spanish part (23.2% versus 17.1%) and Ei Towers (29% compared with 28.4%), while the integrated Italian activities remained loss making (-€7.7m over the peri

15 Sep 2015
Amid a still volatile domestic advertising environment

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Amid a still volatile domestic advertising environment
MFE-MediaForEurope NV Class B (MFE2:WBO) | 0 0 1.8% | Mkt Cap: 3,817m
- Published:
15 Sep 2015 -
Author:
Véronique Cabioc'h -
Pages:
3 -
Although Mediaset outperformed the Italian TV advertising market over H1 15 (-0.7% versus -3%), its total revenues for the period were down 0.2% to €1,721.1m as the Italian businesses remained in the red (-1.1%), offsetting the positive Spanish trend (+2.2%). The group EBIT margin slightly improved from 6.3% to 8% thanks to the Spanish part (23.2% versus 17.1%) and Ei Towers (29% compared with 28.4%), while the integrated Italian activities remained loss making (-€7.7m over the peri