TF1: net profit more than tripled in 2017

(CercleFinance.com) - TF1 has published 2017 net income, group share, which more than tripled to 136.
1 million euros, with underlying operating income that is up 43.2% to 185.3 million euros, meaning an operating margin that is up 2.4 points at 8.7%.

The media group's revenues rose by 3% to 2,129.9 million euros, including advertising revenue of 1,561.7 million euros, up 2.1%, and revenues from other businesses reaching 563.2 million euros, up 5.7%.

As of 2018, TF1 forecasts an increase in its underlying operating margin rate (excluding major sporting events), and an average annual programme cost of 960 million euros (excluding major sporting events) for its five unencrypted channels over 2018-2020.


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