TF1: current OM improves in 2018
(CercleFinance.com) - TF1 has published FY 2018 net income, group share that is down 6.
2% at 127.9 million euros, although says that it has achieved its target to improve its current operating margin excluding major sporting events (at 11.7% compared to 8.7% in 2017).
Revenues increased by 7.3% to 2,288.3 million euros, driven by both growth at a constant consolidatioin scope and external growth. For the third year in a row, the media group boasts an improvement in its group share of target audience.
TF1's Board of Directors will propose paying a dividend of 0.40 euro per share, up 14%, representing 65% of net income. In particular, TF1 reiterates its target of a double-digit underlying operating margin in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
2% at 127.9 million euros, although says that it has achieved its target to improve its current operating margin excluding major sporting events (at 11.7% compared to 8.7% in 2017).
Revenues increased by 7.3% to 2,288.3 million euros, driven by both growth at a constant consolidatioin scope and external growth. For the third year in a row, the media group boasts an improvement in its group share of target audience.
TF1's Board of Directors will propose paying a dividend of 0.40 euro per share, up 14%, representing 65% of net income. In particular, TF1 reiterates its target of a double-digit underlying operating margin in 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.