Television Franchise (TVFCF) Q1 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to TF1Q1 2024 Results Conference Call. My name is Alan. I will be your coordinator for today's event. Please note this call has been recorded and for the duration your lines will be on listen only. However, you have the opportunity to ask questions at the end. This can be done by pressing star 1 on your telephone keypad. If you require assistance at any time, please press star 0 and will be connected to an operator. I will now hand you to your host, Peer Alan Jirag, VP Finance Strategy procurement to begin today's conference thank you thank you good evening everyone and thank you for joining us for our q1 results presentation during today's call I will present the business highlights of our two operating segments provide a more detailed breakdown of our financial results and lastly discuss our outlook we will then open the floor for questions for those of you who are joining us by the phone Note that we are displaying a presentation which you can follow through the webcast. You can also find the presentation on our corporate website. With that, let's turn to slide four to go over the quarterly highlights. First of all, we would like to share with you the key highlights of the first quarter. Let's look first at our audience results. CFM Group reinforced its audience leadership with increases in all segments. In Q1 2024, the audience of TF1 Group's channel stood at 34.5% for women below 50, up 1.3 points, and 31.4% for the 25-49-year-old, up 1.5 points. TF1+, the new streaming platform launched on the 8th of January in 2024, is a leader in terms of reach and attracted 35 million viewers in March, a new record. Next, our financial performance. Group advertising revenue was up 6.6% year-on-year, driven by a strong performance in linear and streaming. TF...