M6 Métropole Télévision: Consolidated Results at 30 June 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Philippe Bony, the head of thematic and youth channels at M6 Group, outlined the strategies the company has put in place to keep its market-leading portfolio at the forefront of the French kids’ sector at the TV Kids Summer Festival this morning.
M6 Métropole Télévision: Consolidated Results at 31 December 2020
TV business: EBITA stable (€225.6m vs. €223.6m in 2019)
Group EBITA: €270.7m
(€ millions)
829.5
151.0
3
21.3%
123.5
(13.2)
381.0
(11.1)
276.6
0.0
276.6
276.7
In 2020, M6 Group recorded
consolidated revenue of €1,273.6 million, a decline of €182.5 million (12.5%). This change reflects:
The fall in advertising revenues (down €127.4 million or 11.5%), very severely impacted last spring by the near total shutdown of the French economy as a result of the lockdown of the population, which however posted growth of 1.6% over the fourth quarter, driven by Television (up 3.2%) which confirmed its key role in the economic recovery.
The impact of the pandemic on non-advertising revenues (down €55.1 million or 15.8%).