MFE-MediaForEurope (MIL:MFEB)
€ 4.272 0.082 (1.96%) Market Cap: 2.02 Bil Enterprise Value: 2.94 Bil PE Ratio: 11.09 PB Ratio: 0.83 GF Score: 62/100
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Q4 2023 MFE-MEDIAFOREUROPE NV Earnings Call Transcript

Apr 18, 2024 / 07:00AM GMT
Release Date Price: €3.55 (+9.03%)
Sara Bersan
MFE-MEDIAFOREUROPE N.V. - Head of IR

Good morning, ladies and gentlemen, and welcome to the full-year 2023 results presentation. Today, the presentation will be hosted by Marco Giordani, Group CFO; and Matteo Cardani, Managing Director of Publitalia.

Now, I'll hand over immediately to Matteo for the audience and advertising outlook. Matteo, please, go ahead.

Matteo Cardani
MFE-MEDIAFOREUROPE N.V. - Managing Director, Publitalia

Thank you, Sara. Good morning, everybody. Thank you for attending our results presentation. We will go over the fiscal year '23 numbers with a sharp review of ongoing indicators for current trading. So let's start with a review of the overall economic situation.

Thanks to the reduction in inflation, we stood at the plus 5.7% at year end '23, but that in the last quarter of the year, and in the first few months of '24, it's falling down below 1%. We can report a positive evolution in the Confidence Index for both businesses and consumers, which grew month by month in Q4 '23, as you can see in chart number

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