Slide 1: Half Year Results 2010
L F Y EA R HA 0 1 0 TS 2 RESUL 010 2 25 August eiler Gerhard Z The leading European entertainment network
Slide 2: Agenda
Agenda ● INTRODUCTION ○ Business Review ○ Financial Review ○ Outlook The leading European entertainment network
Slide 3: Half year highlights 2010
RTL Group Half year highlights 2010 Up Up 86 m 70 m EUR 1 EUR 1 EBITA MARGIN REVENUE REPORTED EBITA 20.2% continuing operations EUR 2.7 billion EUR 537 million CASH CONVERSION 118% Strong audience shares NET CASH POSITION Disposal of Five Accounted for in major markets EUR 894 million GERMANY, FRANC
Slide 4: Agenda: Business Review
Agenda ○ Introduction ● BUSINESS REVIEW ○ Financial Review ○ Outlook The leading European entertainment network
Slide 5: Germany – Mediengruppe RTL Deutschland Half year Results 2010
Germany – Mediengruppe RTL Deutschland Half year Results 2010 AUDIENCE SHARE 14-49 (in %) KEY FINANCIALS (in EUR million) 34.4 RTL 33.2 33.6 34.8 864 823 32.9 32.9 ROS ROS 32.2 31.8 29.7% 19.2% 30.4 30.3 30.1 29.0 29.4 29.4 29.3 P7S1 257 158 29.3 29.0 29.6 2002 2003 2004 2005 2006 2007 2008 2009 HY
Slide 6: France – Groupe M6 Half year Results 2010
France – Groupe M6 Half year Results 2010 AUDIENCE SHARE – MAIN CHANNELS NET ADVERTISING MARKET (in %) HOUSEWIVES <50 ALL DAY (in %) HY 2010 VS. HY 2009 -1.2 -1.3 -0.6 -0.6 +3.7 Market M6 TF1 36.9 28.2 11.0 11.4 16.3 7.4 12.3 6.3 M6 TF1 France 2 France 3 Others AUDIENCE SHARE – FAMILY OF CHANNELS KE
Slide 7: FremantleMedia Half year Results 2010
FremantleMedia Half year Results 2010 KEY FACTS 2010 KEY FINANCIALS (in EUR million) ● Continues to produce the highest rated 596 entertainment shows across the US, UK, 570 Germany, Australia Netherlands and France o In the US, season nine of American Idol was once again the most watched prime time
Slide 8: Netherlands – RTL Nederland Half year Results 2010
Netherlands – RTL Nederland Half year Results 2010 AUDIENCE SHARE: 20-49, PRIMETIME (in %) SHARE OF NET ADVERTISING MARKET (in %) HY 2010 HY 2009 Others 4.9 Others 5.1 +/-0 +3.7 -1.1 -1.1 -1.3 STER RTL STER 26.3 RTL 38.9 23.5 16.7 18.3 39.8 12.4 Ad market 6.7 5.7 +8.8% SBS 29.9 SBS 31.6 RTL4 NED1 SB
Slide 9: Belgium – RTL Belgium Half year Results 2010
Belgium – RTL Belgium Half year Results 2010 AUDIENCE SHARE: SHP 18-54, PRIMETIME (in %)1) NET ADVERTISING DEVELOPMENT (in %) HY 2010 VS. HY 2009 +2.6 +0.1 +1.7 -1.9 Market RTL Belgium RTBF 30.8 14.0 14.7 10.4 11.7 7.0 5.2 RTL TVI La Une La Deux Club RTL AUDIENCE SHARE – FAMILY OF CHANNELS KEY FINAN
Slide 10: France – RTL Radio Half year Results 2010
France – RTL Radio Half year Results 2010 AUDIENCE SHARE APRIL-JUNE 2010 – 13+, 5-24H, MON – FRI (in %) RTL STATIONS NRJ GROUP LAGARDÈRE PUBCASTER OTHER 19.1 -0.1 14.4 -0.2p 13.2 -0.8 19.0 +0.2p -0.6 +0.3 +0.2 -0.1 -0.5 +0.1 +0.3 -0.3 -0.1 -0.4 -0.3 +0.3 +0.2 -0.3 +0.8 +/-0 +1.0 11.9 11.4 9.5 7.7 5.
Slide 11: Hungary – RTL Klub Half year Results 2010
Hungary – RTL Klub Half year Results 2010 AUDIENCE SHARE: 18-49, PRIMETIME (in %) KEY FINANCIALS 100% VIEW (in HUF million) -1.0 -1.8 +0.5 +2.3 13,402 ROS 13,501 ROS 43.6 13.3% 10.3% 29.0 21.3 6.1 1,777 1,392 RTL Klub TV2 M1 Other HY 2010 HY 2009 Revenue EBIT NET ADVERTISING DEVELOPMENT (in %) KEY F
Slide 12: Greece – Alpha TV Half year Results 2010
Greece – Alpha TV Half year Results 2010 AUDIENCE SHARE: 15-44, ALL DAY (in %) NET AD DEVELOPMENT (in %) +0.6 HY 2010 VS. HY 2009 -0.2 +1.1 -0.9 19.5 17.6 Market Alpha Mega Antenna Star 14.6 12.4 4.8 Alpha Media Mega Antenna Star -1.1 -10.8 -16.1 -26.7 Source : RTL Group estimates AUDIENCE SHARE: PR
Slide 13: Croatia – RTL Televizija Half year Results 2010
Croatia – RTL Televizija Half year Results 2010 AUDIENCE SHARE: 18-49, ALL DAY (in %) KEY FINANCIALS (in EUR million) -2.6 +0.8 -3.5 -0.7 18 20 23.9 23.5 20.8 12.4 -4 -5 RTL Televizija Nova HTV1 HTV2 HY 2010 HY 2009 Revenue EBITA NET ADVERTISING DEVELOPMENT (in %) SHARE OF NET ADVERTISING MARKET (in
Slide 14: Spain – Grupo Antena 3 Half year Results 2010
Spain – Grupo Antena 3 Half year Results 2010 AUDIENCE SHARE: 16-54 - ALL DAY (in %) KEY FINANCIALS 100% VIEW (in EUR million) -3.8 +/-0 +0.6 -2.2 +/-0 ROS ROS 423 20.3% 365 12.6% 15.4 13.7 12.3 9.3 8.8 86 46 Antena 3 Telecinco TVE1 Cuatro La Sexta HY 2010 HY 2009 Revenue EBITDA NET AD DEVELOPMENT (
Slide 15: Agenda: Financial Review
Agenda ○ Introduction o Cost Reduction and Audience Share Update o Business Review ● FINANCIAL REVIEW ○ Outlook The leading European entertainment network 14
Slide 16: Review of Results 30 June 2010 (1/2)
Review of Results 30 June 2010 (1/2) Half Year to Half Year to Per cent In EUR million June 2010 June 2009 * change REVENUE 2,661 2,475 +7.5 REPORTED EBITA 1) 537 367 +46.3 Restructuring charges 0 12 Start-up losses 10 23 ADJUSTED EBITA 1) 547 402 +36.1 Reported EBITA margin (%) 1) 20.2 14.8 +5.4pp
Slide 17: Review of Results 30 June 2010 (2/2)
Review of Results 30 June 2010 (2/2) In EUR million Half Year to Half Year to Per cent June 2010 June 2009 change REPORTED EBITA 537 367 +46.3 Impairment of goodwill and amortisation and impairment of fair (5) (77) values Loss from sale of subsidiaries, joint ventures and other (11) - investments Ne
Slide 18: Cash Flow Statement as of 30 June 2010
Cash Flow Statement as of 30 June 2010 In EUR million Half Year to Half Year to June 2010 June 2009 NET CASH FLOW FROM OPERATING ACTIVITIES 523 237 Add: Income tax paid 199 160 Less: Acquisition of assets, net (93) (86) Equals: Reported free cash flow (FCF) 629 311 Acquisition of subsidiaries and JV
Slide 19: Agenda: Outlook
Agenda ○ Introduction ○ Cost Reduction and Audience Share Update ○ Business Review ○ Financial Review ● OUTLOOK The leading European entertainment network
Slide 20: Outlook
Outlook ► No visibility yet on important 4th quarter but very optimistic that we can achieve significantly better year-on-year results ► Will strengthen our family of channels while retaining a flexible but sensible approach to cost control ► Will invest for growth in our content business, on-demand