Television Francaise 1 SA (LTS:0NQT)
€ 7.3275 -0.02 (-0.27%) Market Cap: 1.54 Bil Enterprise Value: 1.24 Bil PE Ratio: 7.85 PB Ratio: 0.78 GF Score: 81/100

Q3 2023 Television Francaise 1 SA Earnings Call Transcript

Oct 27, 2023 / 07:00AM GMT
Release Date Price: €6.7 (+1.94%)
Operator

Hello and welcome to the TF1 2023 Q3 and 9 Months Results Call. My name is Laura, and I will be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions). I will now hand you over to your host, Pierre Len Gerard, Vice President of Finance, Strategy and procurement to begin today's conference. Thank you.

Pierre;Alain Gerard
TF1 SA - EVP of Finance, Strategy & Procurement

Thank you, Laura. Good morning, everyone and thank you for joining us on this morning's call, where we will be presenting results for the first 9 months and the third quarter of 2023. On today's agenda, a review of our activities, followed by a deeper dive into our financial results and finally, a reminder of our outlook and strategy.

Let's begin with the key highlights of the period on Slide 4. First, increased audiences in key -- in our key commercial targets, reinforcing our leadership position and notably driven by record viewing figures for the Rugby World Cup. Second, media advertising revenues, which were up by

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