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VRS RESEARCH TEAM
  • VRS RESEARCH TEAM

RTL GROUP S.A. Equity Research Note following meeting with the Company

RTL Group is a leading entertainment company across broadcast, streaming, content and digital, with interests in 60 television channels, seven streaming services and 37 radio stations.

Jerôme Bodin
  • Jerôme Bodin
Jerôme Bodin
  • Jerôme Bodin

RTL Group : A challenging advertising trend at the start of Q3 due to ...

>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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