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France's M6 Q3 consolidated revenue rises on World Cup coverage, streaming growth

By Reuters News


Overview

  • France media group's Q3 revenue rose 9.4% yr/yr, driven by World Cup and digital growth

  • Q3 EBITA increased 4.2% amid cost control and higher advertising revenue

  • Company's net cash rose sharply in Q3, reflecting strong financial position


Outlook

  • Company says uncertainty in France expected to weigh on economic activity in late 2026

  • M6 to maintain agile cost management amid limited visibility in advertising market

  • Company continues M6 2030 plan targeting €80 mln annual cost savings within five years


Result Drivers

  • AUDIENCE GROWTH - Co reported record TV audience share, including all-time high among 25-49-year-olds and strongest yr/yr growth in market

  • DIGITAL VIEWING - Digital viewing hours on M6+ platform rose 31% yr/yr, helped by Amazon Prime Video partnership

  • ADVERTISING OUTPERFORMANCE - Co's video advertising revenue rose 6.2% and outperformed broader market, which declined


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Consolidated Revenue

EUR 294.50 mln

Q3 EBITA

EUR 39 mln


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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