Q2 numbers were quite similar to Q1’s. They reflect an expected weak performance with a slow recovery curve in terms of EBITDA but the key point is that management has reiterated that H2 should be quite a bit stronger. We maintain our opinion at Add on the stock. We believe the group is restructuring well… getting ready for, in particular, a future significant market share on the TV side in Sweden, Norway and Finland (75% of its business).
18 Jul 2019
Still waiting for a better H2

