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RTL revenues up 9% in Q2 as online growth offsets TV ad market slump

Wednesday 30 August 2017 | 11:33 CET | News
RTL Group reported second-quarter revenues of EUR 1.573 billion, up 8.8 percent from a year earlier as growth at its production arm FreemantleMedia and its online business helped offset a slump in European TV advertising markets. EBITDA fell 7.4 percent to EUR 362 million, but excluding a one-time gain at M6 a year ago was up 4.0 percent on an annual basis. Net profit declined to EUR 183 million from EUR 203 million a year earlier. 

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