Television Francaise 1 SA (FRA:FSE)
€ 7.175 -0.085 (-1.17%) Market Cap: 1.51 Bil Enterprise Value: 1.21 Bil PE Ratio: 7.85 PB Ratio: 0.78 GF Score: 82/100

Q3 2019 Television Francaise 1 SA Earnings Call Transcript

Oct 30, 2019 / 08:00AM GMT
Release Date Price: €8.08 (-0.06%)
Operator

Ladies and gentlemen, welcome to the TF1 conference call for the first 9 -- for the 9 months 2019 financial accounts. I'll now hand over to Mr. Philippe Denery, CFO. Sir, please go ahead.

Philippe Denery;lÃ;vision FranÃ;aise 1 SA;Executive VP of Finance;Procurement
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Thank you. Good morning, ladies and gentlemen. Thank you for joining us. So I will start, as usual, with the main key points and a summary of our results for the first 9 months, and then I will be happy to take questions.

So after Q3 of '18, which has been a very exceptional moment due to the success of the French football team at the World Cup, we are, for this quarter, Q3 of '19, back to a more usual trend regarding TV advertising revenues. That being said, if we look at the big picture and compare to what has been delivered, the group has reached the best marking rate for the first 9 months since more than 10 years at 11.4%. This good performance for this period leads the group to be confident in

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