CONTEREBENCE.1: Reduces loss in 2024, hold revenues

CONTEREBENCE1 Reduces loss in 2024 hold revenues

(Finance) – CONTEREBENCE.1the German group of which MFE He is the first shareholder, he closed 2024 a growth of revenues of 1.7% to 3.92 billion and an EBITDA ADJUSTED down to 557 million (-3.6%).

The net result It was equal to -122 million in reduction compared to the red of 134 million in the year 2023.

For the current yearthe group provides for a slight growth of revenues of about 4 billion (+/- 150 million), with advertising revenues in the DACH region which should increase by 2%. Ebitda Adjusted is estimated at 550 million (+/- 50 million), close to the level of the previous year.

Consieben, reads the note of the accounts, “pursues the clear objective of carrying out the digital transformation of his core business entertainment on a solid financial base, therefore proposes to distribute a dividend of 0.05 euros to shareholders”.

The title CONTEREBENZAT.1 Media He moves in a strong downward and shows -4.82%.

The technical scenario seen at one week of the title compared to the index Germany Mdaxhighlights a slowdown in the trend of CONTEREBENZAT.1 Media compared to Germany Mdaxand this makes the qualification of the sale by investors.

Signals of strengthening for the short tendency with more immediate resistance seen at 5.993 euros, with a level of support for controlling the current phase estimated at 5.598. The balanced bullish force of CONTEREBENZAT.1 Media It is supported by the raising crossing of the 5 -day mobile average on the 34 -day mobile average. For the technical implications taken, we should attend a continuation of the bullish phase towards 6.388.

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