TF1 H1 2026 results - Press release

Results ahead of expectations: margin from activities of 12.3% in Q2 and 7.8% in H1 

Consolidated revenue of €993 million, down 6% like-for-like and at constant exchange rates:
• Strong digital growth, including a 19% increase in TF1+ advertising revenue; contribution from initiatives expected in the second half, notably following the successful launch of the partnership with Netflix
• Linear: TF1 retained its audience leadership and broadly maintained its advertising market share1 in a declining market and against the exceptional backdrop of the FIFA World Cup in June
• Slight decline at Studio TF1, with activity weighted towards the second half 

Profitability levels validating the Group’s choices in a challenging advertising and regulatory environment 

Solid financial position, with net cash of €432 million 

2026 targets maintained, with visibility remaining limited