Key figures and outlook

Here you can find all information on the development of the key figures in the last years, a financial summary and our outlook.

Overview of key figures

Revenue (in € million)
Adjusted EBITA (in € million)*

*See Key performance indicators below

Group Profit (in € million)

2014 Group Profit restated for changes in purchase price allocation

Equity (in € million)

2014 Equity restated for changes in purchase price allocation
2021 figure has been adjusted (see note 1.30)

Market capitalisation (in € billion)*

*As of 31 December

Total dividend per share (in €)
Total dividend yield per share (in %)
Operating cash conversion rate (in %) *

*Calculated as operating pre-tax free cash flow as a percentage of Adjusted EBITA. See Key performance indicators below for further information on Adjusted EBITA

Streaming revenue (in € million) *

*Streaming revenue includes SVOD, TVOD, in-stream and distribution revenue from RTL+ and Videoland/RTL XL

2013 Revenue and EBITDA restated for IFRS 11
2014 EBITDA restated for changes in purchase price allocation
2019 Total dividend per share: On 2 April 2020, RTL Group's Board of Directors decided to withdraw its earlier proposal of a €4.00 per share dividend in respect of the fiscal year 2019, due to the Covid-19 outbreak
2018 Total dividend per share included an interim dividend of €1.00 per share, paid in September 2018
2017 Total dividend per share included an interim dividend of €1.00 per share, paid in September 2017
2016 Total dividend per share included an interim dividend of €1.00 per share, paid in September 2016
2015 Total dividend per share included an extraordinary interim dividend of €1.00 per share, paid in September 2015
2014 Total dividend per share included an extraordinary interim dividend of €2.00 per share, paid in September 2014
2013 Total dividend per share included an extraordinary interim dividend of €2.50 per share, paid in September 2013

Financial summary

Key performance indicators

RTL Group analyses key performance indicators (KPIs) to manage its businesses, including revenue, organic growth/decline, Adjusted EBITA, Adjusted EBITA before streaming start-up losses, Adjusted EBITA margin, net debt, operating cash conversion rate and audience shares in the company’s main target groups. RTL Group’s key performance indicators are mostly determined on the basis of so-called alternative performance measures, which are not defined by IFRS. Management believes they are relevant for measuring the performance of the Group’s operations, financial position and cash flows, and for making decisions. These KPIs also provide additional information for users of the financial statements regarding the management of the Group on a consistent basis over time and regularity of reporting. These should not be considered in isolation but as complementary information for evaluating the Group’s business situation. RTL Group’s KPIs may not be comparable to similarly titled measures reported by other groups due to differences in the way these measures are calculated.

Further details can be found in the chapter on Key performance indicators in RTL Group's full-year report.

Outlook

The geopolitical and macroeconomic environment remains volatile and the impact on RTL Group’s businesses is hard to predict.

On this basis and subject to the above:

  • RTLGroup expects its revenue to increase to between €7.3 and €7.4 billion.

  • RTL Group expects its Adjusted EBITA for 2023 to be between €1.0 and €1.05 billion. Streaming start-up losses are expected at just below €200 million (2022: €233 million). Consequently, the Group expects its Adjusted EBITA before streaming start-up losses to be between €1.2 and €1.25 billion (2022: €1,316 million).

  • 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, resulting in an ordinary dividend paid in 2024 and 2025 (for the financial years 2023 and 2024) of approximately €3.50 per share, based on current projections.

2022

2023e

Revenue

€7,224m

€7.3bn to €7.4bn

Adjusted EBITA

€1,083m

€1.0bn to €1.05bn

Streaming start-up losses

€233m

Just below €0.2bn

Adjusted EBITA before streaming start-up losses

€1,316m

€1.2bn to €1.25bn

Strategic targets for RTL Group’s streaming services*

2022

2026e new

Paying subscribers

5.5m

10m

Streaming revenue

€267m

€1bn

Content spend per annum

€304m

~€600m

Profitability is expected by 2026**.

Fremantle: revenue target

Fremantle targets full-year revenue of €3 billion by 2025.

To reach this goal and keep up with the increasing demand for content, RTL Group will invest significantly in Fremantle – both organically and via acquisitions – in all territories across drama and film, entertainment and factual shows and documentaries.


* RTL+ in Germany and Hungary and Videoland in the Netherlands

** Total of Adjusted EBITA from RTL+, Videoland/RTL XL, Salto and Bedrock as consolidated on RTL Group level. The Adjusted EBITA of RTL+ in Germany and Hungary and Videoland/RTL XL in the Netherlands includes synergies with TV channels at business unit level. For the definition of Adjusted EBITA please see Key performance indicators on pages 25 to 26 of RTL Group’s Full-year results 2022 report