After a good nine months period (total advertising revenues up 1.3% and a comparable current OP margin of 7.9%), TF1 stepped up its momentum in Q4 17, delivering +3.5% growth in revenues (€658.3m) as the group’s advertising sales improved by 3% (to €479.6m). Profitability was not so satisfactory, however, with a current operating profit down by 15.7% to €69.8m, impacted by the incentive plan and some provisions. For FY17, the group’s revenues grew by 3%, coming in a
19 Feb 2018
The leader wakes up
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The leader wakes up
Television Francaise 1 SA (TFI:PAR) | 0 0 -0.1% | Mkt Cap: 2,455m
- Published:
19 Feb 2018 -
Author:
Véronique Cabioc'h -
Pages:
3
After a good nine months period (total advertising revenues up 1.3% and a comparable current OP margin of 7.9%), TF1 stepped up its momentum in Q4 17, delivering +3.5% growth in revenues (€658.3m) as the group’s advertising sales improved by 3% (to €479.6m). Profitability was not so satisfactory, however, with a current operating profit down by 15.7% to €69.8m, impacted by the incentive plan and some provisions. For FY17, the group’s revenues grew by 3%, coming in a