>Neutral rating confirmed - RTL Group reported last Friday its H1 2024 results a shade below our expectations with EBITA of € 172m (vs € 180m forecast by ODDO BHF and the consensus). The main difference with our expectations stems from higher-than-expected programming costs, particularly following the broadcasting of Euro 2024 matches in France and Germany. The group broadcast 11 Euro 2024 matches in June. Advertising revenues rose by 0.2%, below our expectations, des...
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