Television Francaise 1 SA TF1 (FR:TFI) has released an update.
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Television Francaise 1 SA (TF1) reported a 6.3% increase in consolidated revenue for the first half of 2024, largely due to a 7.4% rise in advertising revenue. The company’s streaming platform, TF1+, substantially contributed with a 40.4% growth in advertising revenue, while the group’s current operating margin was at 11.7%. Despite higher programming costs, TF1 maintained a solid financial position with net cash of €446.5 million.
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