Expects Relatively Weak Start In Q1 Due To Easter Effect - CEO In Conf Call

RTL SA

20/03/2025 08:43

March 20 (Reuters) - RTL GROUP SA AUDK.LU:

MEDIUM-TERM GOAL: EBIT OF EUR 1 BILLION WOULD TAKE 2 TO 3 YEARS TO ACHIEVE - CEO IN CONF CALL

AFTER TWO YEARS OF NEGATIVE GROWTH, WE KNOW THAT ADVERTISING, ESPECIALLY TV ADVERTISING, IS STRONGLY CORRELATED WITH OVERALL ECONOMIC DEVELOPMENT AND CONSUMPTION - CEO IN CONF CALL

SITUATION IN GERMANY REMAINS DIFFICULT - CEO IN CONF CALL

WE ARE NOT INTERESTED IN LARGE MERGERS IN VIDEO PRODUCTION SECTOR - CEO IN CONF CALL

WE PLAN TO CONTINUE TO MAKE TARGETED ACQUISITIONS AT FREMANTLE, BUT NO OTHER MAJOR ACQUISITIONS OR SALES - CEO IN CONF CALL

JANUARY AND FEBRUARY ARE ROUGHLY AT SAME LEVEL AS LAST YEAR; COMPARABLE FIGURES IN Q1 ARE CHALLENGING, AS Q1 2023 WAS VERY STRONG - CEO IN CONF CALL

EXPECTS RELATIVELY WEAK START IN Q1, WITH MINOR IMPROVEMENT IN MARCH AND APRIL DUE TO EASTER EFFECT - CEO IN CONF CALL

Further company coverage: AUDK.LU

 (Gdansk Newsroom)

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