Pro7 announced this morning its main figures for 2020. The group has clearly exceeded its outlook as well as consensus for revenues and EBITDA.
Nevertheless, in our eyes, Pro7 remains a major concern. Did the fact that people were more or less forced to stay at home in Q4 and that they watched TV more than usual not erase the negative trend usually recorded towards the internet? We remain therefore not particularly optimistic for 2021-22.
22 Jan 2021
What's behind this good Q4?
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What's behind this good Q4?
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- Published:
22 Jan 2021 -
Author:
Jean-Michel Salvador -
Pages:
3
Pro7 announced this morning its main figures for 2020. The group has clearly exceeded its outlook as well as consensus for revenues and EBITDA.
Nevertheless, in our eyes, Pro7 remains a major concern. Did the fact that people were more or less forced to stay at home in Q4 and that they watched TV more than usual not erase the negative trend usually recorded towards the internet? We remain therefore not particularly optimistic for 2021-22.