Slide 1: ODDO BHF Paris, 23 November 2018
ODDO BHF Paris 23 November 2018 1
Slide 2: Agenda
Agenda 1 2 3 2018 9 months Business Strategy & 2018 highlights segments Outlook 2018 2
Slide 3: 9 months 2018 financial highlights
9 months 2018 financial highlights Revenue growth continues +2.7% EBITDA margin Revenue € 4,468 million EBITDA € 892 million 20.0% EBITA € 746 million 3
Slide 4: Agenda
Agenda 1 2 3 2018 9 months Business Strategy & 2018 highlights segments Outlook 2018 4
Slide 5: Mediengruppe RTL Deutschland: Advertising revenue growth slows in tough market
Mediengruppe RTL Deutschland Advertising revenue growth slows in tough market FAMILY OF CHANNELS 14 – 59, YTD September 2018 MG RTL 27.2% KEY FINANCIALS* 0.0 to -1.0% (in € million) TV ad market REVENUE EBITDA 10.5% -1.4% Others 23.4% 6.3% -2.6% 1,553 1,532 10.4% ARD-III 7.0% 497 484 8.3% ARD 9.3% 2
Slide 6: Mediengruppe RTL Deutschland: Audience heat map demonstrates leadership position
Mediengruppe RTL Deutschland Audience “heat map” demonstrates leadership position Difference between combined audience shares RTL & VOX vs. Pro7 & Sat.1 (14-59 in % points) Mon Tue Wed Thu Fri Sat Sun Early morning 06.00-09.00 -3.7 (-0.8) +1.9 (+4.5) +7.6 (+8.9) Late morning 09.00-13.00 -3.1 (+1.2)
Slide 7: Groupe M6: Good performance across all business lines
Groupe M6 Good performance across all business lines FAMILY OF CHANNELS Women < 50 responsible for GROUPE M6 21.5% KEY FINANCIALS* +2.0% purchases (in %), (in € million) TV ad market YTD September 2018 REVENUE EBITDA 14.9% +0.3% Others +4.9% 33.8% 6.6% 1,049 1,052 277 264 4.1% France 3 32.2% 8.4% Fr
Slide 8: RTL Nederland: Growth in ad revenue and digital businesses drive results
RTL Nederland Growth in ad revenue and digital businesses drive results FAMILY OF CHANNELS 25 – 54, Primetime (in %), RTL Nederland 27.0% KEY FINANCIALS* +2.9% (in € million) TV ad market YTD September 2018 REVENUE EBITDA Others 15.5% 27.5% +6.3% +22.2% 11.5% 352 331 55 45 25.7% 19.8% Pubcaster Talp
Slide 9: Fremantle: Revenue up strongly with organic growth into double-digits
Fremantle Revenue up strongly with organic growth into double-digits KEY FINANCIALS* REVENUE BRIDGE (in € million) YTD 2017 – YTD 2018 (in € million) REVENUE EBITDA +8.7% 6.6% ROS 6.3% +113 1,054 1,054 970 (45) +16 Net 970 FX Effect of growth acquisitions 66 64 9 mths 2017 9 mths 2018 9 mths 2017 9
Slide 10: Fremantle: Drama launches to come and expected timing of delivery
Fremantle Drama launches to come – and expected timing of delivery 2018 2019 Q4 Q1 Q2 Q3 Q4 2nd season Baghdad Central Dublin Murders 2nd season My Brilliant Friend Charité 2nd season The Rain 2nd season The Luminaries My Brilliant Friend 2nd season On air HBO from 18 November 3rd season A beautiful
Slide 11: Digital and platform revenue: Continued strong organic growth
Digital and platform revenue Continued strong organic growth RTL GROUP REVENUE SPLIT PLATFORM AND DIGITAL REVENUE 9 months to 30 September 2018 In € million3 New and improved In % 911 distribution agreements Platform1 Content +7.3% 251 Strong development in YoY growth MPN & adtech revenue 19.7 (espe
Slide 12: Agenda
Agenda 1 2 3 2018 9 months Business Strategy & 2018 highlights segments Outlook 2018 12
Slide 13: Strategy 2018: More organic growth initiatives in two main areas
Strategy 2018 More organic growth initiatives in two main areas 1 Video-on-demand: Build local streaming champions 2 Content production: Continue push into scripted drama, explore new genres Leverage pan-EU scale to drive organic growth 13
Slide 14: Strategic priority #1: Video-on-demand
01 VOD Strategic priority #1: Video-on-demand Hybrid product strategy to attract mass audiences HYBRID “FREEMIUM” APPROACH Illustrative Hybrid 7+ day TV Exclusive content on-demand business Basic TV Premium Pre-TV and archive Full ad load model on-demand Upsell on-demand Low ad load SD quality (Ad-f
Slide 15: Strategic priority #2: Fremantle
02 CONTENT Strategic priority #2: Fremantle Expansion into scripted drama is paying off INTERNATIONAL DRAMA REVENUE NEW IN 2018 COMING IN 2019 In % of total Fremantle revenue Working titles Drama Other +9 pp Picnic at Hanging Rock 2nd season 2nd season 3rd season My Brilliant Friend Baghdad Central
Slide 16: Summary
Summary We are re-inventing RTL’s pioneering spirit 1 Clear consumer focus 2 More Group-wide collaboration 3 Foster organic growth initiatives 4 Persistent and long-term approach 16
Slide 17: Outlook: Maintain financial guidance for full-year 2018
Outlook Maintain financial guidance for full-year 2018 2018 Guidance – Growth rates REVENUE OUTLOOK Revenue expected to grow 1 In % and € million moderately1, in line with previous guidance Low High +2.5% 6,532 +5.0% 6,692 EBITDA OUTLOOK In % and € million EBITDA expected to be 1,464 EBITDA 2018 2 1
Slide 18: 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