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
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