TF1 Sees Q3 Gains

PARIS: French broadcasting group TF1 delivered Q3 revenues of 541 million euros, a 9-percent increase, with advertising revenues reaching 306 million euros.

French broadcasting revenues totaled 425 million euros, a 13-percent gain, while audiovisual rights revenues fell 37 percent to 22 million euros. International broadcasting gained 7 percent to 94 million euros. Operating profit in the segment was 21 million euros, as compared with the year-ago loss of 5 million euros.

For the first nine months of the year, total revenues were up 14 percent to 1.28 billion euros, with ad revenues up 11 percent to 765 million euros. The group recorded a net profit of 74 million euros, a 51-percent hike.