Slide 1: RTL Group Results January to September 2021
RTL Group Results Analyst call 4 November 2021 January to September 2021
Slide 2: Agenda
Agenda 01 02 03 04 Highlights Outlook Streaming update RTL+ 2
Slide 3: Highlights
Highlights ꟷ Rebound of TV advertising markets continued in Q3/2021 ꟷ Strong revenue growth in Q3/2021 from TV advertising, Fremantle, streaming ꟷ Major consolidation moves to build national cross-media champions ꟷ Portfolio changes in Q3/2021: full acquisition of Super RTL and This is Nice Group (N
Slide 4: Strong revenue growth
Strong revenue growth Group revenue TV advertising revenue Fremantle revenue in € million +19.0% +24.4% 1,998 1,291 Organic growth +17.2% 1,679 1,038 Change +10.3% 4,469 4,053 Jan-Sep Jan-Sep Jan-Sep Jan-Sep 2020 2021 2020 2021 Distribution revenue1 Streaming revenue2 +4.9% +30.6% 305 320 162 124 Ja
Slide 5: Q3 above pre-crisis level
Q3 above pre-crisis level +3.8% Group revenue -2.7% 10.3% in € million, Organic growth in % 4,595 4,469 4,053 -2.7% 35.8% -7.5% -4.2% +2.3% 3.9% 1,518 1,655 1,610 1,466 1,404 1,422 1,401 1,455 1,186 Q1/2019 Q1/2020 Q1/2021 Q2/2019 Q2/2020 Q2/2021 Q3/2019 Q3/2020 Q3/2021 Jan-Sep Jan-Sep Jan-Sep 2019
Slide 6: Outlook 2021 confirmed
Outlook 2021 confirmed 2021 2020 Revenue ~€6.5bn €6.0bn Adjusted EBITA ~€1,050m €853m Streaming start-up losses ~€150m €55m ‘Adjusted EBITA before ~€1,200m €908m streaming start-up losses’ 6 Die Höhle der Löwen
Slide 7: Streaming update
Streaming update
Slide 8: Continued strong growth in streaming
Continued strong growth in streaming Development of paying subscribers in million +90.6% 3.4 2.7 2.4 1.8 1.0 0.8 1.0 09/20 03/21 09/21 8 Gossip Girl (2021)
Slide 9: One app, all media. Germany's biggest entertainment platform.
One app, all media. Germany‘s biggest entertainment platform. 9
Slide 10: H1/2022: Cross-media extension of RTL+
H1/2022: Cross-media extension of RTL+ Watch Listen Read − Growing number − Music − Premium magazines of RTL+ originals from Gruner + Jahr − Programming library − Audio books of >50,000 hours across all genres − Podcasts − Live stream of all 14 TV channels from RTL Deutschland − Radio in HD quality
Slide 11: New streaming targets for RTL+ and Videoland
New streaming targets for RTL+ and Videoland 2026e 2025e new old Paying subscribers 10 million 5 to 7 million Streaming revenue €1 billion ~€500 million Content spend ~€600 million ~€350 million per annum − Profitability by 2026 (previous target: breakeven by 2025) − Peak streaming start-up losses i
Slide 12: Q&A
Q&A Analyst call 4 November 2021
Slide 13: #RTLresults
| is #RTLresults
Slide 14: Definitions
Definitions Alternative performance measure Explanation Adjusted EBITA represents a recurring operating result and excludes significant special items. RTL Group management has established an ‘Adjusted EBITA’ that neutralises the impacts of structural distortions for the sake of transparency. Based o
Slide 15: Definitions
Definitions Alternative performance measure Explanation Operating free cash flow is equal to net cash from operating activities adjusted by income tax paid; cash outflows from the Operating free cash flow acquisitions of programme and other rights and other intangible assets and tangible assets; cas
Slide 16: 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