Ad rebound drives RTL revenues and profit growth

RTL has recorded a 48% increase in EBITA profit and 8% revenue uptick in its third quarter results.

The pan-European broadcaster reported EBITA of €133 million and revenue of €1.2 billion for the quarter and attributed the growth to TV advertising revenue growth at RTL in Germany, M6 in France and RTL Nederland. The company said the fourth quarter was off to a good start and that it is on track to achieve “significantly better full-year results compared to 2009”.

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