TF1 group finally announced at end-July 2015 that it had agreed to exercise its put option over the remaining 49% stake it held in Eurosport International (a transaction due to take place by the end of this year). This was just before announcing its H1 15 results which did not show a clear rebound in advertising revenues (only +0.6% to €774.7m, i.e. 79% of total group). Consolidated revenues were down 4.4%, namely impacted by the deconsolidation of Eurosport France (€17.2m revenues

20 Aug 2015
Eurosport International no longer part of the story

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Eurosport International no longer part of the story
Television Francaise 1 SA (TFI:PAR) | 0 0 -0.1% | Mkt Cap: 2,455m
- Published:
20 Aug 2015 -
Author:
Véronique Cabioc'h -
Pages:
3 -
TF1 group finally announced at end-July 2015 that it had agreed to exercise its put option over the remaining 49% stake it held in Eurosport International (a transaction due to take place by the end of this year). This was just before announcing its H1 15 results which did not show a clear rebound in advertising revenues (only +0.6% to €774.7m, i.e. 79% of total group). Consolidated revenues were down 4.4%, namely impacted by the deconsolidation of Eurosport France (€17.2m revenues