France: TF 1 with stagnating advertising revenues in 2005

The leading French television group, TF1, reported a 5.2 percent increase in net income to 2.36 billion euros in 2005.

The leading French television group
In 2005, TF1 reported a 5.2 percent increase in net profit to
euros were generated. Revenue increased by 0.9 percent to 2.874
billion euros, while advertising revenues only grew by 0.1
percent to 1.648 billion euros. Income from the
other activities of the company, namely the television station
Eurosport, the satellite television TPS and video distribution, increased
by 1.9 percent. Higher production costs led to a reduction
operating profit by 3.3 percent to 370.2 million euros, writes
the Neue Zürcher Zeitung. For 2008, the target of increasing the
operating margin of the Group, which currently stands at 12.9 percent.
amounts to. The main shareholder of TF 1 is the telecommunications and construction group
Bouygues with a stake of 42.9 percent.

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