DJ EARNINGS PREVIEW: TF1 1H Pft Seen Dented By World Cup Cost

08/28/06 - Dow Jones Newswires

1016 GMT [Dow Jones]--Television Francaise 1 (5490.FR) seen posting a 1H net profit Tuesday of EUR128.2 million, -27% from 176.6 million in 1H 05, according to a Dow Jones poll of 5 analysts. Despite higher ad revenues, particularly in 2Q, TF1's 1H earnings expected to be hit by extra cost of screening this summer's football World Cup, estimated in 1H at EUR90 million to EUR100 million. Analysts watching for any change to French TV group's outlook for growth in advertising revenue this year of between 2% and 4%, viewed by most as conservative. TF1 1H earnings numbers due out after market close Tue. TF1 +0.1% at EUR25.78. (SDC)

 
Contact us in London. +44-20-7842-9464 
Markettalk.eu@dowjones.com 
 
 

(END) Dow Jones Newswires

August 28, 2006 06:16 ET (10:16 GMT)

Copyright (c) 2006 Dow Jones & Company, Inc.