M6 had a fairly good Q3 20 with an increase in TV advertising and a positive revenue turnaround in Radio and Production/Audiovisual rights. The focus on cost control continued so that the EBITA jumped by 58%. There is uncertainty on TV advertising for the 2020 year end and the prospect of a second lockdown in France (announcement tonight on 28 October 20) is not reassuring.
28 Oct 2020
Good Q3 20, very uncertain Q4 20
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Good Q3 20, very uncertain Q4 20
Metropole Television SA (MMT:PAR) | 0 0 -0.1% | Mkt Cap: 2,842m
- Published:
28 Oct 2020 -
Author:
Hélène Coumes -
Pages:
2
M6 had a fairly good Q3 20 with an increase in TV advertising and a positive revenue turnaround in Radio and Production/Audiovisual rights. The focus on cost control continued so that the EBITA jumped by 58%. There is uncertainty on TV advertising for the 2020 year end and the prospect of a second lockdown in France (announcement tonight on 28 October 20) is not reassuring.