MFE posts Q1 operating profit, driven by cost cuts

Mfe-mediaforeurope NV

13/05/2026 17:16

Overview

The broadcaster reported Q1 revenue up yr/yr to EUR 1.46 bln

Q1 EBIT improved to EUR 13.6 mln, a turnaround from prior pro forma loss

Company attributed results to cost reductions and operational efficiencies

Outlook

Company expects improved performance in coming quarters, especially in financial results and cash generation

MFE says ongoing uncertainty in European advertising markets will affect visibility in Q2

Result Drivers

COST REDUCTIONS - MFE said total consolidated costs fell by EUR 133.3 mln (-8.4%) yr/yr, supporting improved profitability

NON-ADVERTISING REVENUES - Non-advertising revenues in Entertainment segment rose to EUR 191.4 mln from EUR 179.3 mln yr/yr

Company press release: ID:nBIATxyVw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 1.46 bln
Q1 EBIT
EUR 13.6 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the broadcasting peer group is "buy"

Wall Street's median 12-month price target for Mfe-Mediaforeurope NV is €4.60, about 27.1% above its May 12 closing price of €3.62

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)