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RTL reports record first-half EBITA
Editor
| 25 August 2016
Happy days for leading European broadcast group RTL which has returned strong first-half yearly results which have raised the company’s full-year EBITA outlook.
RTL logo 25 August 2016For the six months ended 30 June 2016, RTL posted revenue of €2.878 billion, up 3.2% year on-year, and an 8.6% rise in EBITA to €580 million. The results were driven mainly by higher revenue from Mediengruppe RTL Deutschland, Groupe M6, RTL Nederland and RTL Group’s rapidly growing digital businesses whose revenues rocketed by 20.5% year on year to €264 million.
Looking at individual business units, RTL Group estimates that the net TV advertising markets were up in all markets in which the Group is active, with the exception of Hungary. For the full year, RTL Group continues to expect that TV advertising revenue will be geared towards the first half of the year.
“The very strong performance in the first half of 2016 confirmed once again the sustainable success of RTL Group’s portfolio and growth strategy,” said Anke Schäferkordt and Guillaume de Posch, co-chief executive officers of RTL Group in a joint statement. “While we focus our M&A investments on content and digital, our broadcasting businesses continue to generate strong audience figures and high cash flows. Our biggest profit centre, Mediengruppe RTL Deutschland, is going from strength to strength and has succeeded in generating higher first-half EBITA for seven consecutive years.”
Editor
| 25 August 2016
Happy days for leading European broadcast group RTL which has returned strong first-half yearly results which have raised the company’s full-year EBITA outlook.
RTL logo 25 August 2016For the six months ended 30 June 2016, RTL posted revenue of €2.878 billion, up 3.2% year on-year, and an 8.6% rise in EBITA to €580 million. The results were driven mainly by higher revenue from Mediengruppe RTL Deutschland, Groupe M6, RTL Nederland and RTL Group’s rapidly growing digital businesses whose revenues rocketed by 20.5% year on year to €264 million.
Looking at individual business units, RTL Group estimates that the net TV advertising markets were up in all markets in which the Group is active, with the exception of Hungary. For the full year, RTL Group continues to expect that TV advertising revenue will be geared towards the first half of the year.
“The very strong performance in the first half of 2016 confirmed once again the sustainable success of RTL Group’s portfolio and growth strategy,” said Anke Schäferkordt and Guillaume de Posch, co-chief executive officers of RTL Group in a joint statement. “While we focus our M&A investments on content and digital, our broadcasting businesses continue to generate strong audience figures and high cash flows. Our biggest profit centre, Mediengruppe RTL Deutschland, is going from strength to strength and has succeeded in generating higher first-half EBITA for seven consecutive years.”
