Scope has ceased analytical coverage of TV2 Csoport Zrt due to insufficient data and information to continue the analysis underpinning the ratings.

The rating action reflects Scope's view of a risk of deteriorating financial risk profile due to a changed investment strategy, potentially leading to a leverage of above 2x.

The credit rating mainly reflects TV2’s historical leading market position, solid profitability (EBITDA margin) and low leverage. The rating is held back by the company’s rather weak customer and geographical diversification.