European ad recovery lifts RTL Q3

Europe’s biggest commercial broadcaster RTL Group has posted a lift in third-quarter operating profit driven by strong performance in Germany, France and the Netherlands and said the fourth quarter has started well.

The Luxembourg-based company reported that EBITA was E133 million, up 47.8 per cent. Group revenue rose 8.8 per cent to E1.16 billion. RTL Group is majority owned by German media conglomerate Bertelsmann.

You must be logged in to post a comment Login