We did not have to wait very long.
Altice Europe, the parent company of BFMTV, RMC and SFR, has not been listed on the stock exchange since January 26 and its takeover by its main shareholder and founder: Patrick Drahi.
The businessman quickly opted for a very redacted publication of the results of his group, as he has the right.
Altice France's performance in 2020 is mixed, to say the least.
The media branch of the group shows a decline of 21.6% of its turnover, to 316 million euros, with
"growth in advertising revenue in the fourth quarter",
underlines the group.
The activity is also less and less greedy in investment: they have been divided by a little more than two in twelve months.
The poor performance of the media branch is largely attributable to the current context, with a drop in advertising revenue since the first confinement.
The exit from the group's scope of
L'Express
and
Liberation
weighs only marginally on its performance
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