RTL 9-month revenues dip 1.6% due to weak French market

Thursday 13 November 2014 | 13:59 CET | News
European broadcaster RTL reported revenues of EUR 4.911 billion for the first nine months of 2014, a 1.6 percent decline from the year-earlier period due to the sluggish French economy and "headwinds" for its television production arm FremantleMedia, which offset growth from Germany and the Netherlands. The company's third-quarter operating profit (EBITA) was down 4.8 percent to EUR 679 million in the January-September period, while the EBITA margin dipped to 17.2 percent from 17.8 percent a year earlier. However, RTL said its German division, RTL Deutschland, reported a 5.0 percent increase

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Categories: Broadcast & Satellite
Companies: RTL Group
Countries: World
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