Metropole Television SA (XPAR:MMT)
€ 12.1 +0.14 (+1.17%) Market Cap: 1.52 Bil Enterprise Value: 1.43 Bil PE Ratio: 12.36 PB Ratio: 1.17 GF Score: 78/100

Half Year 2026 Metropole Television SA Earnings Call Transcript

Jul 28, 2026 / 04:30 PM GMT
Release Date Price: €12.08 (+0.33%)

Key Points

Positve
  • Metropole Television SA (MTPVY) achieved significant audience success during the World Cup, becoming the first domestic channel with 94% of the French population tuning in.
  • The company experienced a substantial increase in digital engagement, with M6 Plus reaching over 4 million accounts and 11 million active users.
  • Commercial performance during the World Cup was exceptional, with over 300 brands participating and more than 40 special advertising campaigns organized.
  • The partnership with Amazon Prime for content distribution is performing well, contributing to steady growth in digital consumption.
  • Metropole Television SA (MTPVY) outperformed the advertising market, growing 1% in H1 2026 compared to a market decline of 9%.
Negative
  • The advertising market downturn in Q2 negatively impacted EBITDA, particularly in the audio division.
  • Despite the World Cup's success, the overall financial results were lower than in previous years, with a notable drop in EBITR.
  • The real estate activity remains complicated, and the company is in the process of divesting from certain brands like Stephen Plaza.
  • There is low visibility in the advertising market, leading to cautious cost management for the remainder of the year.
  • The structural effects of the video market decline are uncertain, with concerns about the long-term impact on advertising revenue.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MMTP.PA - Metropole Television SA
Half Year 2026 Metropole Television SA Earnings Call
Jul 28, 2026 / 04:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello, ladies and gentlemen. Welcome to the half-year results for 2026 of M6.

All participants should be only on listening.

We'll have a Q&A at the end of the presentation.

Now we'll hand over to Mr. David Laramendi.

Chairman of the Executive Board, the floor is yours.

Thank you very much.

Thank you, madam. Good afternoon, one and all. I'm with Mr. Le Fibiou, who will be talking you through the first half results.

And we'll do something a bit different from usual. That is, we're going to start with the World Cup.

A World Cup review.

That was mainly during H1, yet there were some matches played during Q3. As you probably know, we
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot