TF1. The French Government has announced refoms in the TV market, to bring the country into line with the rest of Europe. As one of the two private sector broadcasters (Vivendi's CANAL+ being the other), TF1 should benefit from: more advertising time being allowed, a reduction in the French content rules (much of which TF1 has to fund but is never aired as quality is often poor), and improved profitability of the free channels. Cost-cutting has also commenced by the new CEO; about time too. The balance sheet is fine, with a small possibility of corporate excitement.
| Sedol |
Type |
Price |
Date |
| 5997118 |
Buy |
EUR 18.212 |
14/11/2007 | |
