Top investor MFE urges ProSieben to speed up turnaround after guidance cut
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
0mins
Source: Reuters
MFE's Position on ProSiebenSat: MFE-MediaForEurope, the largest investor in ProSiebenSat, is urging the company to accelerate its turnaround efforts following a reduction in profit forecasts.
Focus on Growth and Debt Reduction: MFE's CFO emphasized the need for ProSieben to return to growth in the entertainment sector and to capitalize on non-core assets to alleviate debt.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
