Metropole TV (M6): net income more than doubles in Q3
Specifically, advertising sales rose by 5.7% to €232.3m in Q3, compared with Q3 2022, thanks in particular to the recovery in the TV advertising market and the broadcasting of federative sporting events such as the Women's World Cup and the Rugby World Cup.
On the other hand, non-advertising activity fell by 9.4% to 63.7 ME, according to the Group, which points to the deconsolidation of Best Of TV.
While the Group reports consolidated EBITA of 55.8 ME, stable year-on-year (+0.1%), EBIT from continuing operations came to 71.5 ME (+50%), while net income more than doubled to 53 ME (+119.6%).
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