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Bouygues: Nine-month 2025 results
Globenewswire· 2025-11-05 06:30
Core Insights - The Bouygues Group reported strong results for the first nine months of 2025, with sales reaching €41.9 billion, a 0.9% increase year-on-year, primarily driven by construction businesses [4][7][13] - Current operating profit from activities (COPA) increased by €95 million to €1,814 million, reflecting growth in construction and Equans [4][7][24] - Net profit attributable to the Group, excluding exceptional income tax surcharge, rose by €48 million to €735 million [4][7][64] Financial Performance - Sales for 9M 2025: €41,857 million, compared to €41,492 million in 9M 2024, representing a 0.9% increase [4][63] - Current operating profit from activities (COPA): €1,814 million, up from €1,719 million, a 5.5% increase [4][63] - Net profit attributable to the Group: €675 million, down from €687 million, while excluding exceptional income tax surcharge, it was €735 million, up from €687 million [4][64] Debt and Cash Position - Net debt at end-September 2025 was €7.6 billion, an improvement of €856 million compared to €8.5 billion at end-September 2024 [6][41] - The Group maintained a high liquidity level of €14.4 billion, including €3.1 billion in cash and equivalents [40] Business Segments Performance - Construction businesses reported sales of €20.6 billion, a 2% increase year-on-year, with COPA rising to €591 million, up €115 million [24][66] - Equans' sales decreased by 2% to €13.8 billion, but COPA increased by €91 million to €565 million, reflecting successful execution of its strategic plan [28][29] - Bouygues Telecom's sales increased by 4% to €5.9 billion, with a stable EBITDA after leases of €1.5 billion [33][34] Outlook and Guidance - The Group targets a slight increase in COPA and sales at constant exchange rates for 2025 compared to 2024 [2][9][10] - Bouygues Telecom aims for stable sales, with a focus on maintaining customer satisfaction and managing costs effectively [30][36] Sector-Specific Insights - The construction backlog at end-September 2025 was €32.1 billion, up 1% year-on-year, indicating strong future activity visibility [18][54] - Bouygues Construction's order intake was €6.8 billion, with a significant portion from contracts under €100 million [23][57] - TF1 group's sales remained stable at €1.6 billion, with a slight decrease in COPA to €191 million [37][38]
Best Value Stocks to Buy for Nov. 4
ZACKS· 2025-11-04 12:31
Group 1: Fox Corporation (FOXA) - Fox Corporation is a news, sports, and entertainment company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 2.2% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 15.32, significantly lower than the industry average of 49.70 [1] - Fox possesses a Value Score of A, indicating strong value characteristics [1] Group 2: Universal Health Services, Inc. (UHS) - Universal Health Services operates hospitals and behavioral health care facilities and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.8% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 10.24, compared to the S&P 500 average of 25.13 [2] - Universal Health possesses a Value Score of A, reflecting strong value characteristics [2]
BEASLEY BROADCAST GROUP TO REPORT 2025 THIRD QUARTER FINANCIAL RESULTS, HOST CONFERENCE CALL AND WEBCAST ON NOVEMBER 10
Prnewswire· 2025-11-03 22:30
Core Points - Beasley Broadcast Group, Inc. will report its 2025 third quarter financial results on November 10, 2025, before the market opens [1] - A conference call and webcast will be held at 11:00 a.m. ET on the same day to discuss the results [1] - Interested parties can access the conference call via specific phone numbers or through a live webcast on the company's website [2] Company Overview - Beasley Broadcast Group, Inc. was founded in 1961 and owns 54 AM and FM stations across 10 large- and mid-size markets in the United States [4] - The company's radio stations reach nearly 19 million unique consumers weekly through various platforms, including over-the-air, online, and mobile devices [4]
Disney's battle with YouTube TV isn't going as expected
Business Insider· 2025-11-03 18:31
Core Viewpoint - The ongoing blackout of Disney's ESPN channels on YouTube TV, which began on October 30, has led to significant frustration among sports fans, highlighting the tensions between media companies over rising sports rights costs and pricing strategies [1][3][4]. Group 1: Company Disputes - Disney's networks, including ESPN, are unavailable on YouTube TV due to a disagreement over market rate payments [1]. - YouTube TV claims that Disney's proposal would necessitate a price increase for its subscribers, while benefiting Disney's other streaming services like Fubo and Hulu + Live TV [2]. - ESPN has accused Google of using its market dominance to stifle competition, attempting to rally fans against YouTube TV [4][11]. Group 2: Consumer Reactions - Social media backlash against ESPN personalities has emerged, with fans expressing frustration over the blackout and concerns about rising prices [5][10]. - Interest in canceling YouTube TV surged, with searches for "cancel YouTube TV" reaching a five-year high following the blackout [9]. - Fans are increasingly dissatisfied with the fragmentation of streaming services and the rising costs associated with accessing live sports [10]. Group 3: Industry Context - The dispute occurs amid escalating costs for live sports rights, exemplified by the NBA's recent $76 billion TV deal, significantly higher than its previous agreement [3]. - Disney faces a challenging situation, needing to secure revenue from providers while risking customer alienation [11]. - A potential long-term consequence of the blackout could be a shift in consumer behavior, with fans opting to watch highlights or resorting to illegal streaming options [12].
Disney Asks YouTube TV To Restore ABC Channel For Election Day Amid Contract Dispute
Forbes· 2025-11-03 18:25
Core Viewpoint - Disney has requested YouTube TV to restore access to ABC for its subscribers on Election Day after a blackout occurred due to a contract dispute over pricing [1][2][3]. Group 1: Contract Dispute - Disney-owned channels went dark on YouTube TV as the contract expired, affecting 10 million subscribers who lost access to channels like ABC, ESPN, and FX [1][4]. - Disney accused YouTube of refusing to pay fair rates for its channels, while YouTube claimed Disney's terms would increase prices for customers [2][3]. - The blackout duration is uncertain, but YouTube TV has offered a $20 credit to customers if the channels remain unavailable for an extended period [3]. Group 2: Impacted Channels and Programming - Channels affected by the blackout include ESPN, ABC, Disney Channel, FX, Freeform, National Geographic, and various Spanish-language channels [4]. - Major sporting events and popular television programs, such as college football games and shows like "Jimmy Kimmel Live!" and "Dancing with the Stars," may be impacted by the blackout [5]. Group 3: Industry Context - Disney is not alone in facing contract disputes with YouTube TV; other companies like NBCUniversal and Paramount have also had similar issues recently, often resolved before a blackout occurred [6][7].
X @Bloomberg
Bloomberg· 2025-11-03 15:20
Lenders are set to take over Canadian broadcaster Corus Entertainment after reaching an agreement to swap their debt for equity, ending decades of control by the billionaire Shaw family https://t.co/2VsHU1BQyG ...
Tegna gets US Justice Department request for more information on Nexstar deal
Reuters· 2025-10-31 22:01
Core Insights - The U.S. Department of Justice is reviewing Nexstar Media's $3.54 billion acquisition of Tegna, which would significantly enhance Nexstar's position in the local television market [1] Group 1 - The acquisition aims to create a local-TV powerhouse by combining Nexstar Media and Tegna [1] - The Department of Justice has requested additional information and documents related to the deal [1]
Disney content to go dark on YouTubeTV amid contract dispute
CNBC· 2025-10-31 04:09
Core Points - Disney content, including channels like ABC and ESPN, has been removed from YouTube TV due to failed contract negotiations [1][2][3] - YouTube claims that Disney used the threat of a blackout as a negotiating tactic to increase prices for customers [1][2] - YouTube TV has previously faced similar disputes, such as with NBCUniversal, which were resolved through temporary extensions [3] Company Actions - YouTube TV is committed to working with Disney to reach an agreement and has offered a $20 credit to members if the content remains unavailable for an extended period [4] - YouTube TV captures over 13% of TV watch-time in July, making it a leading media distributor in terms of audience engagement [5]
ESPN, ABC, other Disney networks to go dark on YouTube TV after failed talks, media reports
Reuters· 2025-10-31 03:35
Core Point - Walt Disney's networks, including ESPN and ABC, will no longer be available on Google's YouTube TV due to unsuccessful contract negotiations [1] Group 1 - The decision affects major Disney networks, which are significant players in the media landscape [1] - The failure of contract negotiations indicates potential challenges in the relationship between content providers and streaming platforms [1]
Fox revenue jumps 5% on strong advertising demand
New York Post· 2025-10-30 17:42
Core Insights - Fox reported a revenue increase of 4.9% to $3.74 billion in its most recent quarter, surpassing Wall Street estimates of $3.57 billion [1][15] - The company experienced a 6% rise in advertising revenues for the three months ending September 30 [1] - Fox's profit decreased to $599 million, or $1.32 per share, down from $827 million, or $1.78 per share, in the same quarter last year [5] Revenue Breakdown - Fox's cable business, which includes Fox News, Fox Business, and Fox Sports 1, generated $1.66 billion in revenue, reflecting a 4.1% increase from the previous year [3] - The television division reported a revenue increase of 5% to $2.05 billion [4] - The Tubi streaming service, news division, and NFL offerings were significant contributors to advertising revenue [3] Profit and Earnings - Excluding one-time items, Fox reported earnings of $1.51 per share, exceeding analyst expectations of $1.11 [9] - Net income was reported at $609 million, down from $832 million the previous year [5] Strategic Developments - Fox launched its new streaming service, Fox One, which combines programming from Fox News and Fox Sports for $19.99 a month, with adoption exceeding expectations [13] - The company announced a $1.5 billion share buyback program, intending to repurchase $700 million of Class A common stock and $800 million of Class B common stock [13][14]