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BRIEF-French TV group TF1's Q4 profits rise from year ago, eyes higher margins
February 16, 2017 / 6:58 AM / 7 months ago

BRIEF-French TV group TF1's Q4 profits rise from year ago, eyes higher margins

Feb 16 (Reuters) - TF1:

* Targeting double-digit current operating margin by 2019

* Annual sales up 2.9 percent

* Q4 net profit up 58.6 pct to 55.5 million euros ($58.9 million)

* Q4 current operating profit up 61.7 pct to 82.8 mln euros

* Overall 2016 operating profit fell to 129.4 million euros versus 158 million year ago

* Fall in annual profits partly reflected earlier sale of Eurosport France

* Proposes dividend of 0.28 euros/share Further company coverage: ($1 = 0.9429 euros)

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