TVN maintained its strong audience share of its channels ahead of its competitor Polsat in terms of total all-day audience in May, at 20.7%, versus 18.5% in the same month last year.
In addition, TVN has been the leader in terms of prime time audience in its target group at 36.6% in May, versus 31.1% last year, driven by success of its programs such as “Strictly come dancing” and “Peak Hours”. We expect positive stock impact of the news and reiterate our Buy rating for the stock.