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

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

RTL Group analyses key performance indicators (KPIs) to manage its businesses, including revenue, organic growth/ decline, Adjusted EBITA, Adjusted EBITA margin, net debt, operating cash conversion rate and audience shares in 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.

Outlook

RTL Group confirms its Adjusted EBITA outlook presented on 5 August 2022. Due to timing effects at Fremantle, RTL Group revised its revenue outlook.

The outlook does not reflect the announced combination of RTL Nederland and Talpa Network in the Netherlands as it is still subject to regulatory approval, but reflects the full consolidation of Gruner + Jahr (as at 1 January 2022), the acquisition of Lux Vide (as at 3 March 2022), Dancing Ledge Productions (as at 6 April 2022) and Element Pictures (as at 10 May 2022) by Fremantle and the sales of RTL Belgium (as at 31 March 2022) and RTL Croatia (as at 1 June 2022)1.

On this basis and subject to the above:

  • RTL Group expects its revenue to increase to around €7.2 billion (previous guidance: €7.3 to €7.5 billion). The revenue increase is explained by positive scope and foreign exchange rate effects of approximately €0.5 billion and organic revenue growth of around €0.1 billion (previously €0.2 billion to €0.4 billion), depending on the performance of the TV advertising markets in the fourth quarter of 2022.

  • RTL Group expects its Adjusted EBITA for 2022 to be between €1.05 and €1.15 billion, including streaming start-up losses of up to €250 million (2021: €166 million). The Group expects its ‘Adjusted EBITA before streaming start-up losses’ to be between €1.3 and €1.4 billion. As the TV advertising markets have been weaker than expected, RTL Group expects Adjusted EBITA to come in at the lower end of the range.

  • 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.

 

2021e

2021

2022e old

2022e new

Revenue

~€6.5bn

€6,637m

€7.3bn-€7.5bn

~€7.2bn

Adjusted EBITA

~€1,050m

€1,152m

€1.05bn-€1.15bn

€1.05bn-€1.15bn

Streaming start-up losses

~€150m

€166m

~€0.25bn

up to €0.25bn

‘Adjusted EBITA before
streaming start-up losses’

~€1,200m

€1,318m

€1.3bn-€1.4bn

€1.3bn-€1.4bn

RTL Group: strategic targets for the streaming services RTL+ and Videoland

2021

2026e new

Paying subscribers

3.804m

10m

Streaming revenue

€223m

€1bn

Content spend per annum

€209m

~€600m

Profitability is expected by 20262.

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.


1 In addition, the outlook includes, among other scope effects, the deconsolidation of SpotX (as at 30 April 2021) and Ludia (as at 8 September 2021) and the full consolidation of Eureka (as at 17 May 2021), Super RTL (as at 1 July 2021) and This is Nice Group (as at 30 September 2021)

2 Total of Adjusted EBITA from RTL+, Videoland/ RTL XL, Salto and Bedrock as consolidated on RTL Group level. The Adjusted EBITA of RTL+ and Videoland/ RTL XL includes synergies with TV channels on business unit level. For the definition of Adjusted EBITA please see Key performance indicators.