Slide 1: Barclays: London 7 September 2016
Barclays: London 7 September 2016
Slide 2: Agenda
Agenda 1 2 3 2016 Half-year Business Outlook 2016 2016 highlights update 2
Slide 3: Highlights: Record interim operating results
Highlights Record interim operating results +3.2% € 2,878 million € 1.00 87% Revenue Cash conversion Interim dividend rate +8.6% 20.2 19.4% EBITA Margin € 580 million € 341million Reported EBITA Net profit 3
Slide 4: Digital continues on its strong growth path
Highlights Digital continues on its strong growth path VIDEO VIEWS RTL GROUP DIGITAL REVENUE In billion In € million Non-advertising 123.1 Advertising +20.5% 264 219 42.5 113 15.7 HY 2014 HY 2015 HY 2016 HY 2014 HY 2015 HY 2016 4.2% % of RTL Group revenue 9.2% Source: all internal figures 4
Slide 5: With platform revenue also growing
Highlights With platform revenue also growing RTL GROUP PLATFORM REVENUE HD SUBSCRIBERS, GERMANY In € million1) In million HD channels +13.6% +17.5% 6.7 134 Thematic 5.7 channels 118 VOD on managed platforms HY 2015 HY 2016 HY 2015 HY 2016 1) Platform revenue defined as revenue generated across all
Slide 6: RTL Group's revenue mix is well diversified
Highlights RTL Group’s revenue mix is well diversified RTL GROUP HY 2016 REVENUE SPLIT DEPENDENCY FROM TV ADVERTISING In % TV advertising Other diversification Other revenue 11.9 TV advertising Digital 9.2 51% Content 19.2 €2.9bn 50.6 4.6 56% Platform revenue 4.5 Radio advertising 6
Slide 7: Agenda
Agenda 1 2 3 2016 Half-year Business Outlook 2016 2016 highlights update 7
Slide 8: Mediengruppe RTL Deutschland: High audience shares and seventh year of improved profitability
Mediengruppe RTL Deutschland High audience shares and seventh year of improved profitability FAMILY OF CHANNELS 14 – 59, HY 2016 MG RTL 28.2% KEY FINANCIALS In € million REVENUE EBITA Others 12.3% 22.1% 6.6% +4.4% +5.5% 1,039 9.3% ARD-III 6.9% 995 362 343 ARD 8.7% 8.9% 25.2% ZDF P7S1 HY 2015 HY 2016
Slide 9: Mediengruppe RTL Deutschland: strengthening leadership in key timeslots
Mediengruppe RTL Deutschland With strengthening leadership in key timeslots FAMILY OF CHANNELS 14 – 59, HY 2016 MG RTL 28.2% ACCESS PRIME TIME PRIME TIME (17 – 20h) 14 – 59 (in %) (20 – 23h) 14 – 59 (in %) Others 12.2% 12.3% +4.2 pp +5.2 pp 22.2% 22.1% 6.6% 13.0 12.2 9.6% 9.3% ARD-III 7.3% 6.9% 8.0
Slide 10: Acquisition of Smartclip adds European scale and technology
Mediengruppe RTL Deutschland Acquisition of Smartclip adds European scale and technology Advanced multi-screen video Supply Side Platform (SSP), ad server & ad exchange Strong publisher base (in Germany, Nordics, Italy and the Netherlands) 120 FTEs, headquartered in Hamburg with offices across
Slide 11: Groupe M6: Gaining audience share
Groupe M6 Gaining audience share FAMILY OF CHANNELS Women < 50 responsible GROUPE M6 21.7% KEY FINANCIALS for purchases (in %), HY 2016 In € million REVENUE EBITA 15.8% Others +2.5% 34.6% 5.9% 648 632 +32.4% 139 105 France 3 3.7% 31.4% 8.6% France 2 Groupe TF1 HY 2015 HY 2016 HY 2015 HY 2016 Source:
Slide 12: RTL Nederland: Stable audience share with slight decrease in EBITA
RTL Nederland Stable audience share with slight decrease in EBITA FAMILY OF CHANNELS 20 – 49, Primetime RTL Nederland 32.8% KEY FINANCIALS (in %), HY 2016 (in € million) REVENUE EBITA Others 21.7% 19.1% +4.4% 236 -3.7% 226 13.7% 27 26 25.3% 20.2% Pubcaster SBS HY 2015 HY 2016 HY 2015 HY 2016 Source:
Slide 13: Other markets: Varied performance across rest of operations
Other markets Varied performance across rest of operations BELGIUM 104 HUNGARY 45 Clear market leader EBITA down following Stable revenue in weak one-offs last year 22 5 ad market FRENCH RADIO 84 CROATIA 19 #1 Radio in France Revenue growth Revenue and EBITA up out-performed market 11 0
Slide 14: FremantleMedia: Revenue impacted by lower growth in the US
FremantleMedia Revenue impacted by lower growth in the US REVENUE BRIDGE HY2015 – HY2016 EBITA In € million In € million +10 (19) +21 (20) 637 (11) +7.1% 618 FX Effect of Production & Production & Phasing & other 30 timing of acquisitions volume changes in volume changes in changes and start-ups oth
Slide 15: FremantleMedia: Strategic talent and M&A deals agreed over last 12 months
FremantleMedia Strategic talent and M&A deals agreed over last 12 months Strategic priorities Deals already contributing IP DATE HOLDING # of IP Jan 2015 25% 2 Shows in funded development SCRIPTED Developing the pipeline Sep 2015 51% 3 Shows in production or funded development SCRIPTED Shows in prod
Slide 16: Multichannel networks: Strong video view and revenue growth continues
Multichannel networks Strong video view and revenue growth continues #1 Global MCN #1 Fashion MCN #1 European MCN VIDEO VIEWS VIDEO VIEWS VIDEO VIEWS In billion In billion In billion +289% +63% +122% 90.6 11.6 10.0 7.1 23.3 4.5 HY 2015 HY 2016 HY 2015 HY 2016 HY 2015 HY 2016 Source: Internal figures
Slide 17: Ad-tech: Offering publishers 'Total Video' monetisation capabilities at scale
Ad-tech Offering publishers ‘Total Video’ monetisation capabilities at scale Demand-side Ad- Supply Side Advertiser Publisher platform (DSP) server platform (SSP) Multi-screen delivery / ad-serving SSP / Yield optimisation Booking, reporting and forecasting tools 1,300 Addressable TV (Connected TV /
Slide 18: Agenda
Agenda 1 2 3 2016 Half-year Business Outlook 2016 2016 highlights update 18
Slide 19: Outlook for 2016: raising EBITA guidance
RTL Group Outlook for 2016: raising EBITA guidance Revenue expected to grow 1 moderately, in line with previous guidance Reported EBITA now expected to show slight growth – raised 2 guidance following strong H1 2016 19
Slide 20: Disclaimer
Disclaimer This presentation is not an offer or solicitation of an offer to buy or sell securities. It is furnished to you solely for your information and use at this meeting. It contains summary information only and does not purport to be comprehensive or complete, and it is not intended to be (and