Brief: RTL FY Group Revenue Down 5.4% To EUR 6.2 Bln

RTL SA

14/03/2024 07:00

March 14 (Reuters) - RTL GROUP  RRTL.DE 
    * RTL GROUP - FY GROUP REVENUE DOWN 4.1 PER CENT ORGANICALLY
    * RTL GROUP -  PROPOSED DIVIDEND OF €2.75 PER SHARE, IN LINE
WITH
THE GROUP’S DIVIDEND POLICY
    * RTL GROUP - FY ADJUSTED EBITA AT €782 MILLION
    * RTL GROUP - GROUP REVENUE DOWN 5.4 PER CENT TO €6.2
BILLION DUE
TO LOWER TV ADVERTISING REVENUE AND LOWER FREMANTLE REVENUE
    * RTL GROUP - OUTLOOK: RTL GROUP EXPECTS ITS ADJUSTED EBITA
FOR
2024 TO BE AROUND €750 MILLION, WITH A VARIANCE OF PLUS/MINUS
€50 MILLION
    * RTL GROUP - OUTLOOK: RTL GROUP EXPECTS ITS FULL-YEAR
REVENUE FOR
2024 TO INCREASE TO AROUND €6.6 BILLION
    * RTL GROUP - OUTLOOK: RTL GROUP’S DIVIDEND POLICY REMAINS
UNCHANGED: RTL GROUP PLANS TO PAY OUT AT LEAST 80 PER CENT OF
THE ADJUSTED FULL-YEAR NET RESULT
    * RTL GROUP - FY EBIT AT EUR 620 MILLION
    * RTL GROUP - FY TOTAL GROUP PROFIT AT EUR 598 MILLION
    * RTL GROUP - FY ADJUSTED EBITA MARGIN OF 12.5 PER CENT


Further company coverage:  RRTL.DE 

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