RTL Group : Good H1 and consolidation deal in Germany with the acquisition of Bertelsmann’s press assets
>Group continues to reorganise its asset portfolio - RTL's Q2 2020 results, reported on the morning of Friday, 6 August, just beat expectations, with EBITA of € 483m, vs our forecast of € 459m. The main difference with our expectations came from Fremantle and RTL Nederlands, while RTL Deutschland undershot our expectations. The important strategic point is that the group also announced the merger of RTL Deutschland and Gruner + Jahr to create a leading German cross-me...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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