Brief: TF1 Group Q4 Advertising Revenue Down At EUR 525.4 Mln

Television Francaise 1 SA

14/02/2023 06:52

Feb 14 (Reuters) - Television Francaise 1 SA  TFFP.PA :
    * GROWTH IN FY CONSOLIDATED REVENUE, UP 3.3% OF WHICH
REVENUE FROM
NEWEN STUDIOS UP 27.5%
    * FY CURRENT OPERATING MARGIN OF 12.6%
    * Q4 CONSOLIDATED REVENUE EUR 767.4 MILLION VERSUS EUR 775.9
MILLION YEAR AGO
    * Q4 NET INCOME GROUP SHARE EUR 25.6 MILLION VERSUS EUR 78.1
MILLION YEAR AGO
    * FY NET INCOME GROUP SHARE WAS 176.1 MILLION EUROS, DOWN
49.2
MILLION EUROS YEAR-ON-YEAR
    * Q4 TF1 GROUP ADVERTISING REVENUE EUR 525.4 MILLION VERSUS
EUR
532.1 MILLION YEAR AGO
    * IN 2023, THE GROUP WILL CONSOLIDATE ITS LEADERSHIP AND
MAINTAIN
A CURRENT OPERATING MARGIN RATE CLOSE TO 2022
    * GROUP'S FREE CASH FLOW AFTER OPERATING WORKING CAPITAL
AMOUNTS
TO €127.0 MILLION
    * PROPOSES DIVIDEND OF FIFTY EUROCENTS (€0.50) PER SHARE
    * OUTLOOK 2023:  MAINTAIN A BROADLY STABLE CURRENT OPERATING
MARGIN OF ACTIVITIES
    * OUTLOOK 2023:  CONTINUE TO GENERATE CASH FLOW IN ORDER TO
AIM
FOR GROWING OR STABLE DIVIDEND POLICY OVER NEXT FEW YEARS

Source text: https://bit.ly/3YzheX5 
Further company coverage:  TFFP.PA 
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