M6: Q1 revenues up 11%
(CercleFinance.com) - M6 Group posted Q1 2018 revenues of 359.
2 million euros, up 11%, with EBITA of 44.6 million euros, down from 47.1 million euros in Q1 2017.
Advertising revenues grew by 20%, reflecting the integration of the radio business, the strength of free channel audiences and growth in internet audiences, while non-advertising revenues decreased by 5.7%.
The media group's EBITA was penalised by the losses of F.C.G.B. which deteriorated by -12.8 million euros, due to the replacement of technical staff and the non-completion of sales of players, which planned for the second half of the year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
2 million euros, up 11%, with EBITA of 44.6 million euros, down from 47.1 million euros in Q1 2017.
Advertising revenues grew by 20%, reflecting the integration of the radio business, the strength of free channel audiences and growth in internet audiences, while non-advertising revenues decreased by 5.7%.
The media group's EBITA was penalised by the losses of F.C.G.B. which deteriorated by -12.8 million euros, due to the replacement of technical staff and the non-completion of sales of players, which planned for the second half of the year.
Copyright (c) 2018 CercleFinance.com. All rights reserved.