Ad Hoc: RTL Group will deliver full-year EBITA of EUR 1.1 billion
Luxembourg, 1 February 2011 – RTL Group, the leading European entertainment network, increased its EBITA by almost 40 per cent to approximately EUR 1.1 billion in financial year 2010 (2009: EUR 796 million), according to preliminary figures.* This clearly exceeds the published average analysts’ consensus by approximately 10 per cent.
With TV advertising markets across all Western Europe growing strongly year-on-year, RTL Group’s reported revenue grew 8.5 per cent to EUR 5.6 billion (2009: EUR 5,156 million*).
As scheduled, the Group will release its audited 2010 full year results on 10 March 2011.
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About RTL Group
RTL Group is the leading European entertainment network, with interests in 40 television channels and 32 radio stations in 10 countries and content production throughout the world. The television portfolio of Europe’s largest broadcaster includes RTL Television in Germany, M6 in France, the RTL channels in the Netherlands, Belgium, Luxembourg, Croatia and Hungary, Alpha TV in Greece, Ren TV in Russia and Antena 3 in Spain. RTL Group’s flagship radio station is RTL in France, and it also owns or has interests in other stations in France, Germany, Belgium, the Netherlands, Spain and Luxembourg. RTL Group's content production arm, FremantleMedia, is one of the largest international producers outside the US. Each year, it produces 9,500 hours of programming across 57 countries.
* 2010: continuing operations; 2009 figures re-presented following application of IFRS 5 to Five (discontinued operations)