(CercleFinance.com) – The Group achieved consolidated revenue of 290.1 ME, down -5.8% compared to the 3rd quarter of 2021. Advertising revenue fell by -8.2%.
Excluding non-recurring items, consolidated current operating income (EBITA) reached 57.2 ME, compared to 58.7 ME in the 3rd quarter of 2021 and 34.2 ME in the 3rd quarter of 2019. The operating margin (excluding non-recurring items) increased by +0.7 points to 19.7%.
Over the first nine months of 2022, the Group generated revenue of €954.2 million, stable over one year. The increase in non-advertising revenues (+10.8%) was offset by the slight decline in advertising revenues (-2.4%).
At the end of September 2022, consolidated EBITA excluding non-recurring items amounted to 222.7 ME and increased by +5.5% over one year. The operating margin stood at 23.3%, excluding non-recurring items, and rose by +1.2 points over one year.
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