They often repeat it: they are "dwarves" against the American giants.
Still.
These "dwarves" are in great shape.
At the end of October, TF1 and M6 each published very good financial results for the first nine months of the year.
The current operating margin of the Bouygues group subsidiary reached its highest level for five years, at 11.8%.
As for that of the French subsidiary of RTL, it touches the 22%.
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This dynamism, paradoxically, does not do the business of the two companies, when they must convince the Competition Authority of the merits of their merger project
.
“It's precisely because we're in great shape that it's time to get moving!
I am convinced that good marriages only happen between healthy people.
We must take advantage and anticipate because this favorable period can be short-lived, given the unprecedented acceleration of changes in the audiovisual sector
, pleads Nicolas de Tavernost, the chairman of the management board.
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