# MFE-MediaForEurope financial performance

> Live situation record from CLSTR: https://clstr.news/situations/mfe-mediaforeurope-financial-performance
> Updated: 2026-09-17T08:30:29.000Z. Sources: 11. Developments: 2.

MFE-MediaForEurope reported a significant turnaround in profitability for the first half of 2026. While consolidated revenues declined by 6% to €2.95 billion due to a weak advertising market and the lack of FIFA World Cup coverage, the group’s adjusted EBIT reached €145.7 million. This represents a €153 million improvement compared to the pro forma loss recorded in the same period in 2025.

The Entertainment division, operating in Italy, Spain, and the DACH region, acted as the primary growth driver. The division saw adjusted EBIT rise to €163.7 million, aided by a €216.9 million reduction in operating costs. CEO Pier Silvio Berlusconi stated that the group achieved over €200 million in efficiencies within this division, exceeding the pace of the company’s strategic plan. Additionally, net debt decreased to €857.1 million, and the company confirmed its 2026 guidance for improved profitability and cash generation.

## Timeline

### 2026-09-17: MFE-MediaForEurope reports H1 2026 profit turnaround

MFE-MediaForEurope reported a turnaround in H1 2026 profitability with an adjusted EBIT of €145.7 million, despite a 6% revenue drop caused by advertising market challenges.

4 sources. https://clstr.news/cluster/mfe-mediaforeurope-reports-h1-2026-profit-turnaround

### 2026-08-26: Mota-Engil profits surge 24% as Meo reports mixed results

Mota-Engil saw a 24% profit surge to €74M with a record €17.7B backlog, while Meo reported a 0.3% revenue rise but a 7.5% drop in EBITDA due to market competition.

7 sources. https://clstr.news/cluster/mota-engil-reports-24-profit-increase-to-74-million-euros

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Cite as: MFE-MediaForEurope financial performance. CLSTR, https://clstr.news/situations/mfe-mediaforeurope-financial-performance