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)*
Market capitalisation (in € billion)**
Total dividend per share (in €)

2013 Revenue and EBITDA restated for IFRS 11
2014 EBITDA restated for changes in purchase price allocation
*See Key performance indicators below
**As of 31 December

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.


The following outlook assumes that the economic recovery continues – mainly driven by private consumption – and that there is no significant impact from Covid-19 and the war in Ukraine. It is too early to quantify the potential impact of the war in Ukraine on consumer sentiment, inflation and economic growth – and thus on RTL Group’s results in 2022.

The outlook does not reflect the announced consolidation moves in France, the Netherlands and Croatia as they are still subject to regulatory approvals, but reflects the acquisition of Lux Vide by Fremantle (as of 3 March 2022) and the sale of RTL Belgium (as of end of March 2022)1.

On this basis and subject to the above:

  • RTL Group expects its revenue to increase to approximately €7.4 billion. This includes organic growth of approximately 5 to 6 per cent.
  • RTL Group expects its Adjusted EBITA for 2022 to be stable at approximately € 1.15 billion, despite significantly higher streaming start-up losses of approximately € 250 million (2021: €166 million). Consequently, the Group expects its Adjusted EBITA before streaming start-up losses to increase to approximately € 1.4 billion (2021: €1,318 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.






Adjusted EBITA



Streaming start-up losses



'Adjusted EBITA before streaming start-up losses'



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


2026e new

Paying subscribers



Streaming revenue



Content spend per annum



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 of 30 April 2021) and Ludia (as of 8 September 2021) as well as the full consolidation of Eureka (as of 17 May 2021), Super RTL (as of 1 July 2021), This is Nice Group (as of 30 September 2021) and Gruner + Jahr (as of 1 January 2022).

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.