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

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 

RTL Group confirms its Adjusted EBITA outlook presented on 14 March 2024 and revises its revenue guidance as follows:

• RTL Group expects its full-year revenue for 2024 to come in at around €6.3 billion (previous guidance: around €6.6 billion) due to lower than expected advertising revenue in Germany and global content production revenue.
  
  
• RTL Group expects its Adjusted EBITA for 2024 to be around €750 million, with a variance of plus/minus €50 million. Due to the persistent weakness of the German economy and TV advertising market, RTL Group now expects its Adjusted EBITA to come in at the lower end of the range. The Adjusted EBITA outlook includes higher content costs, primarily for the broadcast of Uefa Euro 2024 matches in France and Germany, and higher streaming start-up losses (2023: €176 million) primarily due to the investments in M6+ in France.
  
  
• 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.

Profitability is expected by 2026².

Fremantle targets

Fremantle targets full-year revenue of €3 billion by 2026.

To achieve this goal, RTL Group is investing significantly in Fremantle – both organically and via acquisitions – across entertainment, drama and film, and documentaries.

After integrating its acquired labels/production companies into the Fremantle network and reducing overhead, Fremantle’s Adjusted EBITA margin is expected to increase to 9 per cent by 2026.