Brief: Italy's MFE sees higher 2023 operating profit - CFO

Rai Way SpA

16/11/2022 09:07

Nov 16 (Reuters) - MFE-MEDIAFOREUROPE NV  MFEB.MI 
executives in post-results conference call
    * MFE AD EXEC:  AD SALES IN ITALY TO BE DOWN IN SECOND PART
OF Q4,
WE DON'T KNOW TO WHAT EXTENT
    * MFE AD EXEC: SEES NEGATIVE "MATERIAL" IMPACT ON AD SALES
IN Q4
FROM STATE TV RAI BROADCASTING OF FIFA WORLD CUP
    * MFE CFO: SEES DECREASE OF COSTS IN 2023 NET OF INFLATION
HELPED
BY EARLY SYNERGIES WITH SPAIN'S OPERATIONS
    * MFE CFO: WE HOPE FUTURE FOR PROSIEBENSAT WILL BE DIFFERENT
    * MFE CFO: WAS NOT INFORMED OF FIRING OF PROSIEBENSAT CEO,
HAVE NOT MET NEW CEO YET
    * MFE CFO: SEES HIGHER 2023 OPERATING PROFIT
    * MFE CFO: NO TALKS AT PRESENT WITH STATE BROADCASTER RAI ON
BROADCASTING TOWER CONSOLIDATION

Further company coverage:  MFEB.MI 
 (Reporting by Milan Newsroom)
 ((cristina.carlevaro@thomsonreuters.com; +39 02 66129585;))