'Little gem' TF1 beats consensus, on track for best day in a year

Television Francaise 1 SA

29/07/2025 09:36

** French broadcaster TF1 TFFP.PA shares are on track for its best day since July last year as it gains as much as 5.1% after releasing quarterly results

** TF1's H1 operating profit grew 2%, 10% ahead of consensus, dodging fears that a difficult macro could results in downgrades, analysts at J.P. Morgan say

** The broker reiterates its confidence in what it calls a "little gem" as it sees this profit beat increasing confidence in the maintained FY guidance

** As of 08:14 GMT, shares in TF1 are up 4.7%

 (Reporting by Jakob Van Calster)

 ((Jakob.vancalster@thomsonreuters.com))