27.01.2021, Luxembourg/Germany, RTL Group
On 27 January 2021, RTL Group released a press release announcing that it will deliver full-year Adjusted EBITA of around €850 million, significantly exceeding previous guidance. Read the full press release below.
Regulated information: Disclosure of inside information according to Article 17 MAR
Luxembourg/Cologne, 27 January 2021 – RTL Group has generated an Adjusted EBITA of around €850 million in 2020 (2019: €1,156 million), according to preliminary and unaudited figures. This significantly exceeds the previous guidance for the full-year Adjusted EBITA of around €720 million and the current analysts’ consensus.
With TV advertising markets in Europe performing significantly better than previously expected in the important fourth quarter of the year, Group revenue in 2020 was around €6.0 billion (2019: €6.65 billion).
As scheduled, RTL Group will publish its audited 2020 full-year results on 12 March 2021.