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RTL sees slowing ad declines as 9-mths revenues slip 1.5%

Wednesday 13 November 2013 | 09:58 CET | News
Broadcaster RTL said revenues for the first nine months fell 1.5 percent from the year before to EUR 4.048 billion as advertising market conditions remained challenging. Only the German TV advertising market was stable (+0.1%), while all other markets were down. Still, TV advertising market conditions across Europe improved in the third quarter, with the rates of decline slowing from the first half of the year. RTL said it was therefore confident of delivering more than EUR 1 billion in EBITA for the full year. Reported 9-months EBITA lifted meanwhile 6.4 percent to EUR 714 million, mainly

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Categories: Broadcast & Satellite / Internet / Broadcast & Satellite
Companies: M6 / RTL / RTL Deutschland / RTL Group
Countries: Europe
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