Slide 1: Entertain. Inform. Engage. January-March 2016
ENTERTAIN. INFORM. GROUP ENGAGE. January-March 2016
Slide 2: Agenda
Agenda 1 2 3 4 2015 Quarter 1 Group Business Outlook 2016 highlights financials segments 2016 2
Slide 3: Highlights of Quarter 1
Highlights of Quarter 1 Very strong start to 2016 +9.5% € 1,432 million 150% Revenue Cash conversion rate +18.0% 16.0% EBITA Margin +30.2% € 229 million € 138 million Reported EBITA Net profit 3
Slide 4: Agenda
Agenda 1 2 3 4 2015 Quarter 1 Group Business Outlook 2016 highlights financials segments 2016 4
Slide 5: Review of results 31 March 2016: Revenue & EBITA
Review of results 31 March 2016 Revenue & EBITA 3 months to 3 months to Per cent In € million March 2016 March 2015 change Revenue 1,432 1,308 +9.5 Underlying revenue 1,413 1,306 +8.2 Operating cost base 1,240 1,152 +7.6 Reported EBITA 229 194 +18.0 Reported EBITA margin (%) 16.0 14.8 +1.2pp Reporte
Slide 6: Review of results: EBITA to net profit bridge
Review of results 31 March 2016 EBITA to net profit bridge 3 months to 3 months to Per cent In € million March 2016 March 2015 change Reported EBITA 229 194 +18.0 Impairment of investments accounted for using the equity method and amortisation and impairment of fair value adjustments on acquisitions
Slide 7: Review of results: Cash Flow statement
Review of results 31 March 2016 Cash Flow statement 3 months to 3 months to In € million March 2016 March 2015 Net cash flow from operating activities 319 208 Add: Income tax paid 51 64 Less: Acquisition of assets, net (26) (58) Equals: Reported free cash flow (FCF) 344 214 Acquisition and disposal
Slide 8: Agenda
Agenda 1 2 3 4 2015 Quarter 1 Group Business Outlook 2016 highlights financials segments 2016 8
Slide 9: Mediengruppe RTL Deutschland: Strong performance in first quarter
Mediengruppe RTL Deutschland Strong performance in first quarter NET TV ADVERTISING KEY FINANCIALS MARKET DEVELOPMENT (in € million) Q1 2016 vs. Q1 2015 (in %) REVENUE EBITDA 157 169 +6.2% EBITA MG RTL Market Deutschland 515 485 5-6% +8.5% 4% 166 153 2015 2016 2015 2016 Source: RTL Group estimates M
Slide 10: Mediengruppe RTL Deutschland: Improved all-day audience share
Mediengruppe RTL Deutschland Improved all-day audience share; substantial lead in key time slots FAMILY OF CHANNELS 14 – 59 Q1 2016 MG RTL 29.2% ACCESS PRIME TIME PRIME TIME (17 – 20h) 14 – 59 (in %) (20 – 23h) 14 – 59 (in %) Others 13.2% +4.9 pp +6.5 pp 22.2% 6.7% 14.8 12.5 ARD-III 9.3% 7.1% 8.3 7.
Slide 11: Groupe M6: Strong audience share growth driven by main channel
Groupe M6 Strong audience share growth driven by main channel FAMILY OF CHANNELS Women < 50 responsible GROUPE M6 21.8% KEY FINANCIALS for purchases (in %), Q1 2016 In € million REVENUE EBITDA 13.2% 16.0% 79 90 Others 22.2% +1.6% 6.7% EBITA 34.4% 5.8% 308 313 +17.1% 9.3% 7.1% 48 41 7.9% France 3 3.7
Slide 12: RTL Nederland: Revenue development drives profitability
RTL Nederland Revenue development drives profitability FAMILY OF CHANNELS 20 – 49, Primetime RTL NEDERLAND 33.5% KEY FINANCIALS (in %), Q1 2016 (in € million) REVENUE EBITDA 13.2% (1) 3 Others 21.2% 22.2% 19.8% +11.2% 6.7% 109 EBITA 9.3% 98 +>100% 7.1% 13.7% 1 7.9% 24.8% 8.2% 25.4% 2015 2016 20.5% P
Slide 13: FremantleMedia: Good start into 2016
FremantleMedia Good start into 2016, partly driven by timing KEY FINANCIALS REVENUE BRIDGE Q1 2015 – Q1 2016 (in € million) (in € million) REVENUE EBITA +15.3% 1.0% ROS 3.8% 10 340 340 19 15 295 295 1 Growth in Growth across 13 FX Effect of US market all other timing of territories acquisitions and
Slide 14: Digital: Continuing its upward growth track
Digital Continuing its upward growth track VIDEO VIEWS RTL GROUP DIGITAL REVENUE In billion In € million Non-advertising 3 times Advertising +36% 58.4 120 88 53 18.7 7.2 Q1 2014 Q1 2015 Q1 2016 Q1 2014 Q1 2015 Q1 2016 4.0% % of total RTL revenue 8.4% 14
Slide 15: Agenda
Agenda 1 2 3 4 2015 Quarter 1 Group Business Outlook 2016 highlights financials segments 2016 15
Slide 16: RTL Group: Outlook for full year 2016 unchanged
RTL Group Outlook for full year 2016 unchanged Revenue expected to grow 1 moderately, predominantly driven by the Group’s digital businesses Reported EBITA 2 to be broadly stable 16
Slide 17: 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
Slide 18: RTL Group Q1 2016 revenue mix
RTL Group Q1 2016 revenue mix, in per cent Other diversification Digital 12.0 8.4 TV advertising Content 23.0 €1.4bn 48.5 Platform revenue 3.9 4.2 Radio advertising 18