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

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

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(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.)