Management at Frances leading broadcaster TF1 have upped full-year guidance after posting quarterly results that largely beat analysts expectations.
TF1 reported group revenues of Â541 million for the third quarter, a 9.6% year-on-year increase. Adjusted operating profit was Â20.5 million as the broadcaster reined in programming costs. Management guidance was raised by 1% and the broadcaster now expects to post full-year revenues of Â2.555 billion.
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