Mediaset H1 16 revenues rose by €150m to €1,870.6m, driven by improving Italian advertising trends (+8.5% or +8.5% to €1,349.7m) and a continuing satisfactory Spanish performance (+9% to €521.6m). Conversely, the group’s EBIT dropped by 29% to €97.3m (the operating margin moving from 8% to 5.2%), namely highlighting a loss-making situation in Italy (-€52.8m versus €26.5m a year earlier, while Spain improved from €111m to €150.1m) as pay-TV en

01 Aug 2016
Uncertainty over forecasts linked to Mediaset Premium's fate...

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Uncertainty over forecasts linked to Mediaset Premium's fate...
MFE-MediaForEurope NV Class B (MFE2:WBO) | 0 0 1.8% | Mkt Cap: 3,817m
- Published:
01 Aug 2016 -
Author:
Véronique Cabioc'h -
Pages:
3 -
Mediaset H1 16 revenues rose by €150m to €1,870.6m, driven by improving Italian advertising trends (+8.5% or +8.5% to €1,349.7m) and a continuing satisfactory Spanish performance (+9% to €521.6m). Conversely, the group’s EBIT dropped by 29% to €97.3m (the operating margin moving from 8% to 5.2%), namely highlighting a loss-making situation in Italy (-€52.8m versus €26.5m a year earlier, while Spain improved from €111m to €150.1m) as pay-TV en