RTL Group : A good end to the advertising year confirmed, guidance for 2020 EBITA raised by 18%
>EBITA guidance raised due to the strong end to 2020 in Europe - RTL Group yesterday issued a press release indicating that it is set to largely beat its guidance for 2020 EBITA. The group is now targeting around € 850m vs € 720m previously, i.e. an upward revision of 18%. Our estimates were already well above the group’s target since we were forecasting € 810m. This upward revision has been driven by the good resilience of the European markets in which the group is p...RTL Group is a holding company. Co. through its subsidiaries is engaged in the operation of television and radio broadcasting services, television content production and distribution. Co. has interests in 40 television channels and 33 radio stations in 11 countries. Co. is involved in television content production, such as talent and game shows, drama and daily soap operas, through its subsidiary, FremantleMedia. Co. also provides services in the digital entertainment environment, including online games, community and dating services, as well as user-generated content exchange platforms.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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