April 25, 2018 / 3:54 PM / 5 months ago

BRIEF-TF1 Confirms Target For Double-Digit Current Operating Margin In 2019, After Q1 Results

April 25 (Reuters) - Tf1:

* Q1 RESULTS ENABLES CO TO CONFIRM FORECAST OF AVERAGE ANNUAL PROGRAM COST OF € 960MLN (EXCLUDING MAJOR SPORTING EVENTS) FOR 5 UNENCRYPTED CHANNELS OVER 2018-2020

* CONFIRMS FORECAST OF ACTIVITIES GROWTH EXCLUDING. ADVERTISING OF THE 5 FREE-TO-AIR CHANNELS, WHICH SHOULD REPRESENT AT LEAST 1/3 OF CONSOLIDATED SALES IN 2019

* CONFIRMS TARGET FOR DOUBLE-DIGIT CURRENT OPERATING MARGIN IN 2019 Further company coverage: (Gdynia Newsroom)

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