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MFE-MediaForEurope Reports Strong 2024 Financial Performance and Dividend Increase

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MFE-MediaForEurope NV Class A ( (IT:MFEA) ) has provided an update.

MFE-MediaForEurope NV has announced a significant improvement in its financial performance for 2024, with a 15.3% increase in net profit and a proposed 8% dividend increase. The company has also adjusted the value of its stake in ProSiebenSat.1, reflecting a prudent management approach and strengthening its financial position despite market uncertainties.

More about MFE-MediaForEurope NV Class A

MFE-MediaForEurope NV Class A operates in the media industry, focusing on cross-media offerings including linear television, connected television, digital platforms, radio, and digital out-of-home advertising. The company is primarily active in Italy and Spain, with a strong emphasis on advertising sales.

YTD Price Performance: 6.85%

Average Trading Volume: 762,126

Technical Sentiment Signal: Sell

Current Market Cap: €1.87B

Find detailed analytics on MFEA stock on TipRanks’ Stock Analysis page.

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