RTL Group Post Stable 2024 Results
European media congregation RTL in fact placed stable full tax 2024 annual results on Thursday, powered by a growth of more than 40% in the growth of turnover streaming and healthy advertising rides.
The powerhouse, majority in the hands of the German Gigant Bertelsmann, said that the turnover of the 2024 turnover € 6.3 billion ($ 6.8 billion) was 1,5% compared to 2023-EN that it expected to book the turnover of approximately € 6.45 billion ($ 7.03 billion) in 2025.
The total RTL group profit was € 555 million ($ 603 million).
The annual streaming income of RTL grew by 42% euros of euros of € 403 million ($ 437 million), driven by an increase of 21% in paying subscribers in Germany, Hungary and France and “a reduction in stimulating starting losses,” said it, which led to a “clear way of this side of the” of this side of profit from profitable “from the profit of profit from profitability.”
The group also saw a double digit growth in advertising income from his RTL+ service in Germany and M6+ in France, said it.
“We have reached turning points in our streaming services and substantive production companies. As a result, we expect to increase our operational profit considerably in the coming years,” said CEO Thomas Rabe in a statement.
With regard to Fremantle, which is the worldwide content company of RTL, sales fell slightly from € 2,266 billion in 2023 to € 2,254 ($ 2,449 billion) in 2024. But Rabe said that “thanks to a significant reduction of overheads and the contribution from Asacha Media Group – obtained and a obtained in 2024 – obtained and a obtained from a Significate – obtained and a obtained from a significant teeth and a obtained a record and a obtained a obtained and a obtained from a significant teeth – and a obtained a significate and a obtained in a significant teeth and a obtained in a significant teeth. Setting of the result of the Asacha Medial – Fremantle in 2024 – Fremantle reached a record result and a considerably covered in 2024 – Fremantle reached a record result and a considerably covered of the Asacha media group – Rabe added to 9 percent to the plan of the marge of the Marge van de Marge van de Marge van de Marge van de Marge van de Marge van.
Asacha consists of the Italian Picomedia maker of HIT -TV series “The Sea Outside” (shown above).
In his prospects, RTL said that “Fremantle continues to focus on the turnover of € 3 billion in the medium term of € 3 billion, including the acquisition of small and medium -sized production companies and partnerships with creative talent.” It has not specified what “in the medium term” means. In other words, when Fremantle should achieve that goal.
The group said that it is expected to obtain legal approvals for the sale of RTL Nederland, agreed at the end of 2023, and would close a previously announced transaction of € 1.1 billion euros in the second quarter of this year.
