Metropole Television SA (XPAR:MMT)
€ 13.6 0.08 (0.59%) Market Cap: 1.71 Bil Enterprise Value: 1.40 Bil PE Ratio: 7.34 PB Ratio: 1.31 GF Score: 87/100

Half Year 2019 Metropole Television SA Earnings Call Transcript

Jul 30, 2019 / 04:30PM GMT
Release Date Price: €15.35 (-1.67%)
Operator

Welcome to the M6 First Half 2019 Results Presentation M6 Group. I will now give the floor to Mr. Nicolás de Tavernost, Chairman of the Executive Board. Over to you, sir.

NicolÃ;s Bellet de Tavernost Abel;tropole TÃ;lÃ;vision S.A.;Chairman of the Executive Board;CEO

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Ladies and gentlemen, good afternoon. I'm very happy to present the Métropole Télévision results for H1. Jérôme Lefébure, CEO, will present the detailed financial results for the half year.

As an introduction, I would simply say that in the first half, the group had robust results marked by an increase in most of its financial indicators, which validates the strategy of the group, which was refocused after the acquisition of radio activities in 2017, and which will continue with the acquisition of the Lagardère Group Television activities.

The M6 Group posted revenues of EUR 714.6 million, up 1.6% over 1 year. For the first half, advertising revenues grew by 2.3%

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