The Q1 release has confirmed the stabilisation of revenues previously noted during Q4. They were indeed up by 0.6% (pro forma for the acquisition of media assets) and the guidance for revenue stabilisation for the whole year 2017 has been reiterated. But the EBITDA was, however, down by 5.1% and was less important than expected. This indeed reflects the recently acquired content rights and is not worrying as savings from the voluntary leavers (after the labour agreement with the unions of las
11 May 2017
Confirmation of revenue stabilisation
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Confirmation of revenue stabilisation
- Published:
11 May 2017 -
Author:
Jean-Michel Salvador -
Pages:
2
The Q1 release has confirmed the stabilisation of revenues previously noted during Q4. They were indeed up by 0.6% (pro forma for the acquisition of media assets) and the guidance for revenue stabilisation for the whole year 2017 has been reiterated. But the EBITDA was, however, down by 5.1% and was less important than expected. This indeed reflects the recently acquired content rights and is not worrying as savings from the voluntary leavers (after the labour agreement with the unions of las