Pan-European broadcast group RTL said that the phasing of production and proceeds from the sale of a London building lifted FremantleMedia’s revenues in the three months to September. However, revenue and profit figures for the producer and distributor were not given as RTL only discloses these in half and full-year results.
The company said that ad revenues declined across all of the territories in which it operates except Germany, where Mediengruppe RTL Deutschland registered an increase.
Quarterly group revenue increased 5.5% year-on-year, taking the total to €1.3 billion. EBITA profit increased 3% across the same period, taking the total to €165 million. Profit for the nine months between January-to-September, meanwhile, declined 9.8% to €671 million.
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20 June 2021 @ 13:38:00 UTC