Television Francaise 1 Sa · EURONEXT:TFI
Television Francaise 1 Sa — TF1 Group — 9M 2026 Earnings Presentation
18 slides from Television Francaise 1 Sa's earnings presentation, Oct 29, 2026
Slide 1: 9M 2026 Results
9M 2026 Results 29 October 2026 UEFA NATIONS LEAGUE
Slide 2: Disclaimer
Disclaimer This presentation contains rounded figures and forward-looking information and statements about the TF1 group. Forward-looking statements are statements that are not historical facts, and include, but are not limited to: financial projections, forecasts and estimates and their underlying
Slide 3: Highlights Q3 2026
Highlights Q3 2026 Stronger leadership in Studio TF1: Accelerating linear since the Sustained activity, growth in TF1+ World Cup ended as anticipated Audience leadership advertising revenue Ad market share Studio TF1 revenue strengthened post-World Cup W<50PDM 25-49 Y/O +20.5% +2 pts2 +11.2% 36.1% 3
Slide 4: Business review, Financials, Outlook, Q&A
01. Business review P.5 02. Financials P.9 03. Outlook P.14 04. Q&A P.17 4 Nine-month 2026 financial results
Slide 5: Business review
01. Business review LE MYSTÈRE DE LA CHAMBRE JAUNE MONTMARTRE
Slide 6: Unmatched audience leadership in linear
Unmatched audience leadership in linear Strong back-to-school ratings, to Significant gap over main competitor maintained at reinforce leadership post World-Cup end-September News French drama 33.3 +7.2 pts W<50PDM Sport vs. main competitor 21.7 14.5 9.3 4.8 4.3 3.5 3.1 2.5 2.2 1.9 1.8 0.8 0.5 TF1 G
Slide 7: Accelerating growth in Q3
Accelerating growth in Q3 Consumption Ad inventories CPM Advertising revenue Innovative, 42m 43.5m higher-CPM formats €160m Ad growth accelerating in Q3 STREAMERS1 STREAMERS monthly average in September AD CPM +19% vs 9M 2025 thanks to Netflix partnership LOAD such as €12.7 + in 9M 2026 2026 +20.5%
Slide 8: Deliveries for a wide pool of clients
Deliveries for a wide pool of clients Daily shows Documentaries Revenue of €218m at end-September Drama Unscripted Cinema 2026 up €5m year on year Successful 1st theatrical release by the film distribution division: >700k admissions 8 Nine-month 2026 financial results
Slide 9: Financials
02. Financials L’INTERVIEW D’AMÉLIE CARROUËR - LCI
Slide 10: Consolidated revenue per segment
Consolidated revenue per segment (€m) Q3 2026 Q3 2025 CHG.% 9M 2026 9M 2025 CHG.% MEDIA • Advertising: Media 367 411 (10.8%) 1,236 1,386 (10.8%) o/w digital revenue 64 56 +15.1% 198 170 +16.5% ▪ Accelerating TF1+ growth, driven by the Netflix partnership ▪ Linear: market share gain post-FIFA Adverti
Slide 11: Current operating profit from activities per segment
Current operating profit from activities per segment (€m) Q3 2026 Q3 2025 CHG. 9M 2026 9M 2025 CHG. MEDIA • Digital growth and cost discipline partly Media 23 46 (23) 104 171 (67) offset the sharp decline in linear o/w programming costs (185) (211) +26 (618) (662) +44 advertising revenue • 9M margin
Slide 12: Consolidated income statement
Consolidated income statement (€m) Q3 2026 Q3 2025 CHG. 9M 2026 9M 2025 CHG. Consolidated revenue1 461 496 (7.0%) 1,454 1,598 (9.0%) Total costs of programmes (185) (211) +26 (618) (662) +44 Other charges, depreciation, amortisation and provisions (242) (225) (18) (726) (745) +19 Current operating p
Slide 13: Solid net cash position at end-September 2026
Solid net cash position at end-September 2026 Free cash flow before changes in WCR €108 million 229 (8) (113) 515 (92) (2) 382 (147) Free cash flow after changes in WCR €16 million Opening net cash Net cash Repayment of Net capital Changes in Acquisitions / Dividends / Closing net cash position at f
Slide 14: Outlook
03. Outlook CAT’S EYES SEASON 2
Slide 15: Outlook
Outlook Linear A premium line-up in Q4 LA COMTESSE DE MONTE CRISTO Top-performing unscripted programs A strong slate of new drama titles A solid sports line-up Digital Ramp-up of 3 initiatives to boost revenue Mid-tail offer launched, and partnerships signed with Solocal, Cityz Ongoing deployment of
Slide 16: Full-year 2026 guidance maintained
Full-year 2026 guidance maintained with visibility remaining limited Capitalising on its strategy, on its new digital Against a backdrop of rapidly changing consumption initiatives and on its solid financial position, habits and a persistently unstable macroeconomic and the Group’s targets are as fo
Slide 17: Q&A
Q&A 17 Nine-month 2026 financial results
Slide 18: Slide 18