28 Oct 2020

Good Q3 20, very uncertain Q4 20

Metropole Television SA (MMT:PAR) | 0 0 -0.1% | Mkt Cap: 2,842m

- Hélène Coumes
- 2 pages

Broadcasting, Content & Entertainment image

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.

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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.