During the first three months of the 2017 financial year, Groupe M6 posted consolidated revenue of €323.7 million, an increase of 3.8 per cent year-on-year (Q1/2016: €311.8 million).

For the first quarter of the financial year, EBITA reached €47.1 million, an increase of 2.9 per cent (Q1/2016: €45.8 million). The increase in the contribution of TV activities, together with the growth in advertising revenues, was partially offset by the higher programming cost, reflecting the group's desire to pursue its investments in order to maintain the audience momentum of its channels.

Advertising revenue

The group's advertising revenue for the first three months (free-to-air and pay-TV channels, internet) grew by 5.7 per cent to €210.2 million (Q1/2016: €199 million), reflecting gains in free-to-air channels' audience share and buoyant internet audience figures.

Production and audiovisual rights

At 31 March 2017, revenue from production and audiovisual rights activities increased €1.0 million (up 3.5 per cent) and reached €31.5 million (Q1/2016: €30.5 million) mainly due to a busy cinema release schedule for SND and to the latter's buoyant rights selling business, especially on international markets.

Diversification

Diversification revenue over the first quarter was stable and amounted to €80.3 million (Q1/2016: €80.2 million).

For more information on Groupe M6's financial results for the first quarter of 2017, please click on the PDF document below.

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