{"id":46782,"date":"2026-07-28T22:34:00","date_gmt":"2026-07-28T20:34:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=2364dba2f8a1ab227220a1dcb50b06ae"},"modified":"2026-07-28T22:34:00","modified_gmt":"2026-07-28T20:34:00","slug":"m6-metropole-television-consolidated-results-for-h1-2026","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=46782","title":{"rendered":"M6 METROPOLE TELEVISION: Consolidated Results for H1 2026"},"content":{"rendered":"<p class=\"bwalignc\">\n<b>The M6 Group reaches a new dimension with the successful broadcast of the 2026 FIFA World Cup\u2122 among audiences and advertisers<\/b><\/p><p>NEUILLY-SUR-SEINE, France--(BUSINESS WIRE)--Regulatory News:<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260728961582\/en\/2861875\/5\/M6_GROUPE_FondBlanc.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260728961582\/en\/2861875\/22\/M6_GROUPE_FondBlanc.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260728961582\/en\/2861875\/5\/M6_GROUPE_FondBlanc.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260728961582\/en\/2861875\/21\/M6_GROUPE_FondBlanc.jpg\" \/><\/a><p>\nM6 METROPOLE TELEVISION (Paris:MMT):<\/p><p>\n<b>FIFA WORLD CUP 2026\u2122<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Exceptional visibility for the M6 brand and its programmes <\/b>across all audiences thanks to the broadcast of the FIFA World Cup; <b>94% of the French population<\/b><sup>1<\/sup><b> was reached<\/b>, including nearly <b>100% of those under 50.<\/b><\/li>\n<li>\n<b>M6 was the top national channel <\/b>from June 11 to July 19 for the first time in its history, posting the 10 highest viewership figures of the year<sup>2<\/sup>.<\/li>\n<li>\n<b>M6+ was the No. 1 app <\/b>on download platforms throughout the competition; <b>4.2 million new accounts created, 11 million unique users, and over 100 million video views <\/b>on M6+.<\/li>\n<li>\n<b>Largest historical advertising event in France<\/b>:<b> the M6 Group was the leading TV group in terms of advertising reach <\/b>during the event<sup>3<\/sup> with <b>over 300 brands <\/b>featured during the competition,<b> more than 40 special campaigns <\/b>and events organised, and the<b> longest and most expensive TV advertisement in French television history aired <\/b>before the France-Senegal match.<\/li>\n<\/ul><p>\n<b>H1 2026 KEY FIGURES<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>H1 2026 revenue: \u20ac643.8m<\/b> (vs. \u20ac632.7m in H1 2025, up 1.8%).<\/li>\n<li>\n<b>20% increase in streaming revenue <\/b>accounting for<b> 13.3% of Video Division revenue <\/b>(vs. 11.6% in H1 2025).<\/li>\n<li>\n<b>H1 2026 operating margin at 8.4% as anticipated, with a positive operating margin in the second quarter <\/b>despite the World Cup broadcast.<\/li>\n<li>\n<b>Best half-year on record in terms of TV audience share among 25\u201349-year-olds:<\/b>\n<ul class=\"bwlistcircle\">\n<li>\nThe audience share of the Group\u2019s four free-to-air channels rose by 1.2pp to 22.0%.<\/li>\n<li>\nThe ratio of the Group\u2019s channels\u2019 commercial viewership, compared to that of its main private competitor, reached 74%, an all-time high<sup>4<\/sup>.<\/li>\n<\/ul><\/li>\n<li>\n<b>The Group significantly outperformed the market in H1: +10pp compared to the rest of the video advertising market <\/b>(+1% vs. approximately -9%<sup>5<\/sup> for the market excluding the M6 Group).<\/li>\n<\/ul><p>\n<b>OUTLOOK<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Launch of new programmes and return of major entertainment brands at the start of the school year, <\/b>capitalising on the exceptional visibility gained during the World Cup.<\/li>\n<li>\n<b>Careful cost management<\/b> in an advertising market that remains challenging and lacks visibility; gradual rollout of the <b>M6 2030 Plan, which aims to achieve \u20ac80 million in savings over the next five years.<\/b><\/li>\n<li>\n<b>Continued implementation of streaming plan and confirmation of targets:<\/b>\n<ul class=\"bwlistcircle\">\n<li>\nDistribution of M6+ via Amazon Prime effective since January 2026 with steadily increasing consumption.<\/li>\n<li>\nGuidance of 2028 streaming revenue above \u20ac200 million.<\/li>\n<li>\nOver 1 billion hours viewed on the M6+ platform by 2028.<\/li>\n<\/ul><\/li>\n<li>\n<b>Positive cash flow impact from the World Cup confirmed in the second half-year.<\/b><\/li>\n<\/ul><p>\n<b>David Larramendy, Chairman of the Executive Board of M6 Group<\/b>, stated:<\/p><p>\n\u201c<i>The results we are reporting today underscore the decisive success of our FIFA World Cup 2026\u2122 coverage on our second-quarter performance. This major sporting event enabled the Group to achieve record audiences across all key demographics, demonstrating television\u2019s unmatched ability to reach mass audiences.<\/i><\/p><p>\n<i>Bringing together audiences on this unprecedented scale generated exceptional demand from advertisers and enabled the Group to record its highest second-quarter advertising revenue in five years, despite a deteriorating macroeconomic backdrop and a challenging advertising market. In keeping with our long-standing financial discipline, we remained profitable during the quarter.<\/i><\/p><p>\n<i>Starting in September, we intend to build on the exceptional audience momentum and brand exposure generated by the World Cup across our channels and sustain it over the long term through the launch of new programmes and the return of our flagship franchises.<\/i><\/p><p>\n<i>We are also continuing to pursue our ambitious digital transformation strategy and reaffirm the targets set out in our streaming plan<\/i>.\u201d<\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwalignl bwvertalignt bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwtopsingle bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">(\u20ac millions)<\/td>\n<td class=\"bwalignc bwvertalignm bwrowaltcolor0 bwpadl0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><b>H1 2026<\/b><\/td>\n<td class=\"bwvertalignm bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignm bwrowaltcolor0 bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><b>H1 2025<\/b><\/td>\n<td class=\"bwvertalignm bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignm bwrowaltcolor0 bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><b>% change H1<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><b>Consolidated revenue<sup>6<\/sup><\/b><\/td>\n<td class=\"bwalignr bwvertalignb bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>643.8<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>632.7<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwsinglebottom bwpadl0 bwpadr0 bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>1.8%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Group advertising revenue<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n520.4<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n520.2<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.1%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl8 bwwidth62 bwpadl0\" colspan=\"1\" rowspan=\"1\"><i>- of which TV advertising revenue<\/i><\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>454.5<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>450.1<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>1.0%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl8 bwwidth62 bwpadl0\" colspan=\"1\" rowspan=\"1\"><i>- of which other advertising revenue<\/i><\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>65.9<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>70.0<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>-5.9%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Group non-advertising revenue<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n123.3<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n112.5<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n9.6%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><b>Consolidated profit from recurring operations (EBITA)<sup>7<\/sup><\/b><\/td>\n<td class=\"bwalignr bwvertalignb bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwpadb4 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>54.4<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwpadb4 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>105.9<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwpadb4 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-48.7%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><i>Margin from recurring operations<\/i><\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>8.4%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>16.7%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>-8.3pp<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Operating income and expenses related to business combinations<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(4.6)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(4.3)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-5.1%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Capital gains on disposals of equity investments<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(0.5)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.1<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\nn.a<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><b>Operating profit (EBIT)<\/b><\/td>\n<td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>49.3<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>101.7<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-51.5%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Net financial income<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(0.4)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n2.9<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\nn.a<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Share of profit\/(loss) of equity-accounted entities<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(1.2)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(6.6)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n81.9%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Current and deferred tax<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(13.2)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(28.4)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n53.6%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><b>Net profit for the period<\/b><br\/>(excluding exceptional contribution on profits)<\/td>\n<td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>34.4<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>69.5<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-50.4%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Exceptional contribution on profits of large companies<\/td>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(11.6)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\nn.a<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"><b>Net profit for the period<\/b><\/td>\n<td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>34.4<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>57.9<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-40.6%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwleftsingle bwrightsingle bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwsinglebottom bwwidth12 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\">Net profit for the period - Group share<\/td>\n<td class=\"bwalignr bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwpadb4 bwwidth12 bwleftsingle bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>36.3<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwpadb4 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>59.2<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwdoublebottom bwrowaltcolor0 bwpadl0 bwpadr0 bwvertalignb bwpadb4 bwwidth12\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-38.7%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth62\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12 bwleftsingle bwrightsingle bwsinglebottom\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth12\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<\/table><p>\n<b>FINANCIAL PERFORMANCE<\/b><\/p><p>\n<b>The Group\u2019s consolidated revenue<sup>6<\/sup> for the first half of 2026 totalled \u20ac643.8 million<\/b>, an increase of \u20ac11.1 million.<\/p><p>\n<b>The Group generated advertising revenue of \u20ac520.4 million, up 0.1%<\/b> from the first half of 2025. <b>Video advertising revenue came in at \u20ac454.5 million, up 1.0%,<\/b> with <b>strong revenue growth of 8.7% in the second quarter<\/b>, driven by the Group\u2019s World Cup coverage, <b>offsetting the first-quarter decline in advertising revenue<\/b>.<\/p><p>\nThe Group posted non-advertising revenue of \u20ac123.3 million, up \u20ac10.8 million, primarily reflecting strong performance related to the World Cup.<\/p><p>\nProgramming costs in the Video division came in at \u20ac321.2 million, up \u20ac68.2 million, reflecting the Group\u2019s coverage of the World Cup over the period.<\/p><p>\n<b>Consolidated profit from recurring operations<\/b><sup>7<\/sup><b> (EBITA)<\/b> totalled <b>\u20ac54.4 million<\/b>. The decline compared with the first half of 2025 (-\u20ac51.6 million) reflects, in roughly equal parts, the investment in the broadcast of the World Cup and the decline in the advertising market.<\/p><p>\nNet financial income was down \u20ac3.3 million due to the cumulative impact of a fall in both interest rates and cash holdings.<\/p><p>\nThe Group\u2019s share of profit of equity-accounted entities improved by \u20ac5.4 million to a loss of \u20ac1.2 million, with Bedrock having reduced its operating loss.<\/p><p>\nLastly, net profit for the first half of 2026 came in at \u20ac34.4 million (down \u20ac23.5 million).<\/p><p>\n<b>Net profit for the period attributable to the Group<\/b> was <b>\u20ac36.3 million<\/b>.<\/p><p>\n<b>PERFORMANCE BY DIVISION<\/b><\/p><p>\nIn accordance with IFRS 8, the contribution of the Group\u2019s four operating segments to consolidated revenue and EBITA was as follows:<\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0\" colspan=\"5\" rowspan=\"1\"><b>Q1<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0\" colspan=\"5\" rowspan=\"1\"><b>Q2<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0\" colspan=\"6\" rowspan=\"1\"><b>H1<\/b><\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignl bwvertalignt bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwalignl bwvertalignt bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwalignl bwvertalignt bwvertalignb bwpadl0 bwwidth7\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwtopsingle bwleftsingle bwrightsingle bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwtopsingle bwleftsingle bwrightsingle bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwtopsingle bwleftsingle bwrightsingle bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">(\u20ac millions)<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2026<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2025<\/b><\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>26\/25 %<\/b><\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2026<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2025<\/b><\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>26\/25 %<\/b><\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2026<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwalignc bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>2025<\/b><\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwrowaltcolor0 bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>26\/25 %<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Video<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n240.1<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n249.7<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-3.8%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n287.0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n255.2<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n+12.4%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n527.0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n504.9<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n+4.4%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Audio<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n34.0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n33.5<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n+1.5%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n36.3<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n40.6<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-10.6%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n70.3<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n74.1<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-5.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Production &amp; Audiovisual Rights<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n14.9<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n21.6<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-31.2%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n16.0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n13.1<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n+22.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n30.9<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n34.8<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-11.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Diversification<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n8.5<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n9.9<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-14.7%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n6.6<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n8.6<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-22.7%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n15.1<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n18.5<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-18.4%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Other revenue<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.2<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.2<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-5.5%<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.2<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.2<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-2.4%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.4<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n0.4<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-4.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"><b>Consolidated revenue<\/b><\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>297.7<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>314.9<\/b><\/p><\/td><td class=\"bwalignl bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-5.5%<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>346.1<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>317.7<\/b><\/p><\/td><td class=\"bwalignl bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>8.9%<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>643.8<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>632.7<\/b><\/p><\/td><td class=\"bwalignl bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>+1.8%<\/b><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Video<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n34.5<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n84.4<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-59.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Audio<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n9.6<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n15.1<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-36.4%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Production &amp; Audiovisual Rights *<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n8.8<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n9.3<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n-5.1%<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwalignl bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Diversification<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n3.7<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(0.1)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\nn.a<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\">Unallocated items *<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(2.2)<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n(2.7)<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\nn.a<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignc bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"><b>EBITA<\/b><\/td>\n<td class=\"bwvertalignm bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>49.1<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>48.1<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwwidth7 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>+2.1%<\/b><\/p><\/td><td class=\"bwalignc bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>5.3<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>57.8<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-90.9%<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>54.4<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>105.9<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<b>-48.7%<\/b><\/p><\/td><td class=\"bwvertalignm bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"><i>Operating margin<\/i><\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>16.5%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>15.3%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>1.5%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>18.2%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwleftsingle bwrightsingle bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>8.4%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwalignr bwvertalignb bwpadl0 bwpadr0 bwwidth7\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n<i>16.7%<\/i><\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwpadl0 bwwidth28\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwwidth0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwsinglebottom bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwsinglebottom bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwleftsingle bwrightsingle bwsinglebottom bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth7 bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignr\">\n\u00a0<\/p><\/td><td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"19\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignm bwpadl0\" colspan=\"19\" rowspan=\"1\">* Eliminations of intra-Group margins generated by sales of assets held in inventory and capitalised assets are allocated to this segment with effect from 1 January 2025.<\/td>\n<td class=\"bwvertalignb bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<\/table><p class=\"bwmarginl1\">\n<b>1. Video<\/b><\/p><p>\n<b><span class=\"bwuline\">Audience ratings<\/span><\/b><\/p><p>\nIn 2026, for the first time in its history, the M6 Group broadcast all free-to-air FIFA World Cup 2026<sup>TM<\/sup> matches, enabling it to achieve its best ever half-year performance among the commercial target audience of 25-49-year-olds. The audience share of M6 Group\u2019s four free-to-air channels (M6, W9, 6ter and Gulli) <b>reached 22.0%<sup>8<\/sup><\/b> among 25\u201349-year-olds, <b>an increase of 1.2pp<\/b>, representing the strongest growth in the market.<\/p><p>\nWith an audience share of <b>13.4%<\/b> among the same target demographic (up 0.8pp year on year), the <b>M6<\/b> channel, which broadcast all free-to-air World Cup matches, enjoyed unprecedented popularity among the French public. As many as 60 million<sup>1<\/sup> French viewers, or more than 9 out of 10, followed the competition, helping the channel achieve record-breaking viewership. The channel thus recorded its ten highest viewership figures of the year to date, as well as its second highest ever audience, with 20.3 million viewers for the semi-final between France and Spain<sup>9<\/sup>.<\/p><p>\nIt also continued to draw French audiences to its flagship entertainment programmes such as <i>Les Tra\u00eetres <\/i>(28% audience share) and <i>Mari\u00e9s au premier regard <\/i>(26%), key events for the channel such as the Champions League final (46%) and the first television broadcast of the movie <i>Un P\u2019tit Truc en plus (49%)<\/i>, and iconic early evening game shows (<i>La Roue de la Fortune, Le Maillon Faible<\/i>)<sup>8<\/sup>.<\/p><p>\n<b>W9,<\/b> <b>6ter and Gulli<\/b> achieved an aggregate audience share of <b>8.6% in the 25-49 commercial target<\/b>, a year-on-year increase of 0.4pp. Among these channels, W9 had its best ever half-year, achieving an audience share of 4.7% among 25-49s (up 1.0pp year on year<sup>10<\/sup>), making it the leading DTT channel ahead of TMC.<\/p><p>\n<b>M6+ continues to grow:<\/b> 32.8 million French people<sup>11<\/sup> consume the M6 Group\u2019s streaming content each month (<b>up 18%<\/b> year on year), with a <b>13%<\/b><sup>8<\/sup> increase in the number of hours viewed over the same period.<\/p><p>\n<b><span class=\"bwuline\">Performance<\/span><\/b><\/p><p>\nIn a still challenging advertising market, the Video division generated <b>first-half 2026 advertising revenue of \u20ac454.5 million, up 1.0%<\/b> year on year. Reflecting the success of the Group\u2019s FIFA World Cup 2026<sup>TM <\/sup>coverage, this included a \u20ac19.9 million increase in the second quarter, offsetting the first-quarter decline in linear advertising revenue.<\/p><p>\n<b>Streaming revenue<sup>12<\/sup><\/b> was <b>up 19.9%<\/b> at \u20ac70.2 million, accounting for <b>13.3% of the Video division\u2019s total revenue<\/b> to 30 June 2026 (compared with 11.6% in the first half of 2025).<\/p><p>\nNon-advertising revenue for the Video division was up \u20ac17.8 million, primarily reflecting strong performance related to the World Cup.<\/p><p>\n<b>The Video division thus generated EBITA of \u20ac34.5 million<\/b> (compared with \u20ac84.4 million in the first half of 2025), including a \u20ac68 million increase in programming costs over the same period, which brought the<b> operating margin to 6.6% over the six months to 30 June 2026.<\/b><\/p><p class=\"bwmarginl1\">\n<b>2. Audio<\/b><\/p><p>\nThe Audio division achieved an audience share of 16.2%<sup>13<\/sup> among listeners aged 13+ during the April-June wave, up 0.3pp<sup>10 <\/sup>relative to the previous wave, maintaining its position as the <b>leading commercial radio group<\/b>.<\/p><p>\nOver the first six months of the year, the Audio division\u2019s revenue totalled \u20ac70.3 million, down \u20ac3.8 million from the first half of 2025, driven by the decline in audio advertising business in Q2.<\/p><p>\n<b>EBITA came in at \u20ac9.6 million<\/b>, down \u20ac5.5 million from the first half of 2025, reflecting the second-quarter decline in revenue and investment in programming costs. <b>The<\/b> <b>operating margin<\/b> therefore reached <b>13.6%.<\/b><\/p><p class=\"bwmarginl1\">\n<b>3. Production and Audiovisual Rights<\/b><\/p><p>\n<b>Production &amp; Audiovisual Rights revenue totalled \u20ac30.9 million, <\/b>down \u20ac3.8 million relative to the first half of 2025, reflecting in particular a weaker cinema business. Films distributed by SND generated 2.2 million admissions<sup>14<\/sup> in the first half of 2026 (including 0.9 million for <i>Chers Parents<\/i>), compared with 2.9 million in the first half of 2025.<\/p><p>\n<b>EBITA came in at \u20ac8.8 million<\/b>, down a modest \u20ac0.5 million from the first half of 2025, with the division once again achieving a high <b>operating margin of 28.6%<\/b>, compared with 26.7% in the first half of 2025.<\/p><p class=\"bwmarginl1\">\n<b>4. Diversification<\/b><\/p><p>\n<b>Revenue from the Diversification segment totalled \u20ac15.1 million in the first half of 2026<\/b>, down \u20ac3.4 million, reflecting lower activity in the franchised estate agent network and the live entertainment business.<\/p><p>\n<b>The division posted EBITA of \u20ac3.7 million<\/b>, up \u20ac3.7 million, reflecting non-recurring income with no equivalent in the first half of 2025. <b>Divisional operating<\/b> <b>margin<\/b> stood at <b>24.2%.<\/b><\/p><p>\n<b>OTHER INFORMATION<\/b><\/p><p>\n<b>Financial position<\/b><\/p><p>\nThe Group\u2019s shareholders\u2019 equity stood at \u20ac1,173.1 million at 30 June 2026, compared with \u20ac1,290.7 million at 31 December 2025.<\/p><p>\nThe overall change in cash was -\u20ac183.1 million, compared with a decline of \u20ac153.2 million in the first half of 2025, primarily reflecting the payment of a dividend of \u20ac1.25 per share (giving a total payout of \u20ac157.6 million) in May 2026.<\/p><p>\nIn the second half of 2026, cash flow will benefit from the positive impact of the World Cup.<\/p><p>\n<b>CSR commitments<\/b><\/p><p>\nIn the second quarter of 2026, the M6 Group joined the Working with Cancer initiative, which now brings together more than 5,000 companies representing between 40 million and 50 million employees worldwide. This decision underscores the M6 Group\u2019s commitment to supporting its employees affected by cancer and helping improve practices in a more inclusive and responsible working world.<\/p><p>\n<b>OUTLOOK<\/b><\/p><p>\nIn the second half of 2026, the M6 Group will continue to <b>strengthen its entertainment offering to maintain the appeal of its channels.<\/b> Several new programme announcements were made throughout the World Cup broadcast period (<i>Wanted : attrape-moi si tu peux<\/i>, <i>Destination X<\/i>, <i>Le proc\u00e8s : et si vous \u00e9tiez jur\u00e9?<\/i>, <i>Les Tra\u00eetres Saison 7<\/i>) to capitalize on this historic event in terms of viewership and unprecedented exposure for advertisers.<\/p><p>\nThe M6 Group also intends to continue its careful cost management in a market environment that remains challenging. The Group will focus on gradually <b>rolling out the M6 2030<\/b> plan announced during the presentation of the 2025 annual results, with the goal of <b>generating \u20ac80 million in savings over the next five years<\/b>.<\/p><p>\nIt will also continue to implement its <b>streaming plan<\/b>, reaffirming its goal of delivering <b>streaming revenue above \u20ac200 million and 1 billion hours viewed on the M6+ platform in 2028<\/b>.<\/p><p class=\"bwalignc\">\n<b>Results will be presented to financial analysts in a webcast starting <\/b><b>at 6.30 p.m. (CET) on 28 July 2026.<\/b><\/p><p class=\"bwalignc\">\nDetails on how to access the webcast are available at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.groupem6.fr%2Ffr%2Finvestisseurs%2Finformation-reglementee%2Fpresentation-des-resultats-semestriels-2026%2F&amp;esheet=54578570&amp;newsitemid=20260728961582&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.groupem6.fr%2Ffr%2Finvestisseurs%2Finformation-reglementee%2Fpresentation-des-resultats-semestriels-2026%2F&amp;index=1&amp;md5=b84bed7d11f579655456f831b00cb520\" rel=\"nofollow\" shape=\"rect\">https:\/\/www.groupem6.fr\/fr\/investisseurs\/information-reglementee\/presentation-des-resultats-semestriels-2026\/<\/a><\/p><p class=\"bwalignc\">\nBoth the slideshow presentation and the consolidated half-year financial statements will be accessible online from 6.00pm, it being specified that the Statutory Auditors have completed a limited review of the financial statements and issued an unqualified report.<\/p><p class=\"bwalignc\">\n<b>Third quarter 2026 financial information on 3 November 2026 after close of trading<\/b><\/p><p class=\"bwalignc\">\nM6 M\u00e9tropole T\u00e9l\u00e9vision is listed on Euronext Paris, Compartment A.\n<br\/>Ticker: MMT; ISIN Code: FR0000053225<\/p><p>\n<sup>1<\/sup> Source: M\u00e9diam\u00e9trie \/ M\u00e9diamat - Cumulative audience, reach among viewers aged 4 and older (minimum 10 seconds of consecutive viewing) of \u201cWorld Cup\u201d matches and programmes.\n<br\/><sup>2<\/sup> As of 28 July 2026.\n<br\/><sup>3<\/sup> Free-to-Air Channels basis\n<br\/><sup>4<\/sup> Source: M\u00e9diam\u00e9trie \/ M\u00e9diamat \u2013 Viewing day audience figures\n<br\/><sup>5<\/sup> M6 estimates\n<br\/><sup>6<\/sup> The information provided is intended to highlight the breakdown of consolidated revenue between advertising and non-advertising revenue. Group advertising revenue includes Video advertising revenue (advertising revenue of free-to-air channels M6, W9, 6ter and Gulli, and M6+ and Gulli Replay, as well as the share of advertising revenue from pay channels), and advertising revenue from radio stations RTL, RTL2 and Fun.\n<br\/><sup>7<\/sup> Profit from recurring operations (EBITA) is defined as operating profit (EBIT) before amortisation and impairment of intangible assets (excluding audiovisual rights) related to acquisitions and capital gains and losses on the disposal of financial assets and subsidiaries.\n<br\/><sup>8<\/sup> Mediam\u00e9trie M\u00e9diamat, M\u00e9diamat Quotidien DTT channels (MNQ\/SE) \u2013 H1.\n<br\/><sup>9<\/sup> M\u00e9diam\u00e9trie \/ M\u00e9diamat \u2013 consolidated audience figures for Day 28 (Day 7 if Day 28 figures are not available at the time of publication)\n<br\/><sup>10<\/sup> M\u00e9diam\u00e9trie \/ M\u00e9diamat \u2013 Viewing day Audience\n<br\/><sup>11<\/sup> M\u00e9diam\u00e9trie\/M\u00e9diamat \u2013 On-demand channels M6, W9, 6ter and Gulli.\n<br\/><sup>12<\/sup> Total revenue from digital advertising revenue (AVOD) and revenue from M6+ Max and Gulli Max subscriptions.\n<br\/><sup>13<\/sup> M\u00e9diam\u00e9trie Radio Audience Survey &gt; National, April-June 2026 Mon-Fri, 5am-12am.\n<br\/><sup>14<\/sup> Box Office.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>INVESTOR RELATIONS\u00a0<\/b>Myriam Pinot +33 (0)1 41 92 57 73 -\u00a0<a  href=\"mailto:myriam.pinot@m6.fr\" rel=\"nofollow\" shape=\"rect\">myriam.pinot@m6.fr<\/a><br\/><b>PRESS\u00a0<\/b>Antoine Mathou +33 (0)6 66 59 05 32 -\u00a0<a  href=\"mailto:antoine.mathou@m6.fr\" rel=\"nofollow\" shape=\"rect\">antoine.mathou@m6.fr<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The M6 Group reaches a new dimension with the successful broadcast of the 2026 FIFA World Cup\u2122 among audiences and advertisersNEUILLY-SUR-SEINE, France&#8211;(BUSINESS WIRE)&#8211;Regulatory News:<br \/>\nM6 METROPOLE TELEVISION (Paris:MMT):<br \/>\nFIFA WORLD CUP 2026\u2122<\/p>\n<p>Excep&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-46782","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/46782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46782"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/46782\/revisions"}],"predecessor-version":[{"id":46783,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/46782\/revisions\/46783"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}