Q1 ad revs up at TF1, stable at M6
April 30, 2015
From Pascale Paoli-Lebailly in Paris
French commercial TV group TF1 has posted ad revenues up 2.5 per cent at €363.1 million for the first quarter of 2015, including ad revenues climbing 3.2 per cent at €343.6 million for the four FTA channels (TF1, NT1, TMC, HD1).
TF1 Group’s consolidated revenue was up 1.1 per cent to €475.1 million, but the revenues from activities other than advertising were at €112 million, down 3.1 per cent. The group made an operating profit of €28.1 million owing to the savings from the sale of Eurosport France to Discovery Communications.
M6 confirms the gloominess of the French ad market, posting ad revenues for Q1 up just 0.9 per cent to €191.5 million, that include a limited 0.6 point progression on the Group’s FTA channels at €181 million. Over the period, M6 Group reported a consolidated revenue down 1.5 per cent at €307.4 million compared to 2014, and a net profit of €39.7 million, stable year-on-year.