Métropole Télévision
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Métropole Télévision (MMT) investor relations material

Métropole Télévision Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary3 Nov, 2026

Executive summary

  • Record Q3 audience performance, with 25-year-high share across all viewers and all-time-high share among 25–49-year-olds; streaming hours viewed on M6+ rose 31% YoY.

  • Q3 revenue rose 9.4% to €294.5m and EBITA increased 4.2% to €39.0m; net cash increased €166.7m during the quarter.

Financial highlights

  • Q3 consolidated revenue was €294.5m, up 9.4%; 9M revenue was €938.2m, up 4.0%.

  • Q3 advertising revenue rose 3.8% to €229.1m; video advertising increased 6.2% to €199.2m, while other advertising declined 9.8% to €29.9m.

  • Q3 non-advertising revenue grew 34.7% to €65.3m, supported by cinema and World Cup-related revenue.

  • 9M streaming revenue increased 21.8% to €101.1m; 9M EBITA was €93.4m versus revenue of €938.2m.

Outlook and guidance

  • Political, geopolitical and economic uncertainty in France is expected to weigh on activity in the remainder of 2026; advertising-market visibility remains limited.

  • Maintain agile cost management and continue the M6 2030 plan, targeting €80m of annual cost savings within five years.

  • Continue streaming expansion, supported by Amazon Prime and Disney+ agreements.

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Frequently asked questions

Métropole Télévision S.A., commonly known as M6 Group, operates a diverse range of media and entertainment services primarily within the French market. The company’s core activities include the operation of the M6 television channel, one of France's major commercial TV stations. Beyond television broadcasting, M6 Group is involved in radio broadcasting, film production, and distribution through subsidiaries like M6 Films. Additionally, the company offers digital media services, including video-on-demand platforms and content streaming. M6 Group also has interests in e-commerce and home shopping through various channels. The company is headquartered in Neuilly-sur-Seine, France, and its shares are listed on the Euronext Paris.