Italy's MediaForEurope rises after posting FY results

Mfe-mediaforeurope NV

16/04/2026 09:34

** B-shares in Berlusconi family's MFE-MediaForEurope MFEB.MI rise 6.4% after the broadcaster posted its FY results on Wednesday

** Equita notes that MFE's results in Q4 are below expectations at the operating level, but highlights synergies above expectations and a growing advertising trend in all regions for the second quarter of 2026

** With the acquisition of 75.6% of ProSiebenSat.1 PSMGn.DE and 32.9% of Portugal's Impresa, MFE operates in six European countries as of 2026

** "We confirm the recommendation to 'BUY' because the advertising trend is improving and the path of extraction of synergies deriving from the integration with ProSieben is accelerating and proceeding faster than we expected", Equita concludes

** Including today's rise shares are down 6.86% YTD​

 (Reporting by Anna Uras)

 ((Anna.Uras@thomsonreuters.com))