After a poor H1 (total ad revenues down 0.6% and comparable current OP margin down 100bp), TF1 reported Q3 revenues down 4.2% to €401.5m as the group’s advertising revenues declined by 4.2% (to €294.5m, i.e. 73.3% total group) when the market was expecting a 2% to 3% decline…. Year-to-date, consolidated revenues are therefore up by 1.9% to €1,426.7m (of which €1,064.6m advertising revenues down 1.6%). The group recorded a €10.9m current operating loss ove
28 Oct 2016
Acceleration of the costs structure transformation
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Acceleration of the costs structure transformation
Television Francaise 1 SA (TFI:PAR) | 0 0 -0.1% | Mkt Cap: 2,455m
- Published:
28 Oct 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
After a poor H1 (total ad revenues down 0.6% and comparable current OP margin down 100bp), TF1 reported Q3 revenues down 4.2% to €401.5m as the group’s advertising revenues declined by 4.2% (to €294.5m, i.e. 73.3% total group) when the market was expecting a 2% to 3% decline…. Year-to-date, consolidated revenues are therefore up by 1.9% to €1,426.7m (of which €1,064.6m advertising revenues down 1.6%). The group recorded a €10.9m current operating loss ove