Slide 1: ODDO BHF, Frankfurt
ODDO BHF, Frankfurt 13th December 2017 1
Slide 2: Agenda
Agenda 1 2 3 2017 9 months Business Outlook 2017 2017 highlights segments 2
Slide 3: Good financial results
Revenue growth Good financial results +2.8% EBITDA margin Revenue € 4,350 million EBITDA € 889 million 20.4% EBITA € 732 million 3
Slide 4: Agenda
Agenda 1 2 3 2017 9 months Business Outlook 2017 2017 highlights segments 4
Slide 5: Mediengruppe RTL Deutschland: Growth in audience, advertising and financial results
Mediengruppe RTL Deutschland Growth in audience, advertising and financial results FAMILY OF CHANNELS 14 – 59, YTD October 2017 MG RTL 28.7% KEY FINANCIALS -2 to -3% (in € million) TV ad market REVENUE EBITDA 11.5% +4.8% Others 24.0% 6.8% +4.8% 1,573 1,501 10.4% 500 ARD-III 7.2% 477 7.6% ARD 8.2% 24
Slide 6: … with audience leadership in nearly all day-parts
Mediengruppe RTL Deutschland … with audience leadership in nearly all day-parts Cumulative audience market shares RTL & VOX vs. Pro7 & Sat.1 (14-59 in % points) Mon Tue Wed Thu Fri Sat Sun Early morning 06.00-09.00 -0.8 (-2.3) +4.4 (+4.5) +9.1 (+11.1) Late morning 09.00-13.00 +1.0 (-0.2) -0.8 (-3.5)
Slide 7: Groupe M6: Solid performance – against market and competitors
Groupe M6 Solid performance – against market and competitors FAMILY OF CHANNELS Women < 50 responsible for GROUPE M6 22.4% KEY FINANCIALS +/-0% purchases (in %), (in € million) TV ad market YTD October 2017 REVENUE EBITDA 15.8% +3.0% Others 937 -4.4% 33.8% 6.4% 910 270 258 France 3 3.7% +13.7% 31.8%
Slide 8: RTL Nederland: Advertising market remains weak
RTL Nederland Advertising market remains weak FAMILY OF CHANNELS 20 – 49, Primetime (in %), RTL Nederland 30.5% KEY FINANCIALS -6.3% (in € million) TV ad market YTD October 2017 REVENUE EBITDA Others 17.4% 25.5% -4.9% -23.3% 347 330 13.1% 60 46 24.5% 19.5% Pubcaster SBS 9 mths 9 mths 9 mths 9 mths 2
Slide 9: FremantleMedia: Good revenue growth despite negative FX and non-renewals
FremantleMedia Good revenue growth despite negative FX and non-renewals KEY FINANCIALS REVENUE BRIDGE (in € million) YTD 2016 – YTD 2017 (in € million) REVENUE EBITDA +2.2% 6.3% ROS 6.1% +33 983 983 962 (12) +13 (13) 962 61 FX Non-renewals 60 Effect of in the UK acquisitions Other production & volum
Slide 10: FremantleMedia: Timing on delivery of new drama and FX explains new revenue guidance
FremantleMedia Timing on delivery of new drama and FX explains new revenue guidance 2017 2018 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Hard Sun slippage The Breach The New Pope L’Amica Geniale Deutschland 86 American Gods (s2) Picnic at Hanging Rock slippage The Miracle Production Delivery Timing /
Slide 11: FremantleMedia: High-end scripted business is a growth driver
FremantleMedia High-end scripted business is a growth driver Deutschland 86 International Drama Kim Kong ~13% of revenue American Gods in 2017 vs. 2% in 2013 The Young Pope Dicte s3 Hard Sun Picnic Hanging Rock Dicte s2 Wentworth s4 No Offence s2 The Rain 1864 Dr Tinus Wentworth s3 No Offence s1 Le
Slide 12: Digital growth remains strong – supported by video view growth
Digital revenue Digital growth remains strong – supported by video view growth DIGITAL REVENUE, YTD September VIDEO VIEWS, billion +53% In € million YTD September +30% 302 Ad Non-Ad 560 197 430 344 2015 2016 2017 9 mths to 9 mths to September 2016 September 2017 8.3% % of RTL Group revenue 12.9% 13
Slide 13: Agenda
Agenda 1 2 3 2017 9 months Business Outlook 2017 2017 highlights segments 14
Slide 14: EBITDA guidance raised: revenue guidance unchanged
RTL Group EBITDA guidance raised: revenue guidance un-changed Revenue expected to grow 1 moderately Reported EBITDA expected to 2 be slightly up 15
Slide 15: 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 16: RTL Group's revenue mix
Backup RTL Group’s revenue mix RTL GROUP’S REVENUE SPLIT TO 30 SEPTEMBER 2017 In % Other diversification 11.3 TV advertising Digital 12.9 Content €4.35bn 47.7 18.7 Platform revenue 5.4 4.0 Radio advertising 17
Slide 17: Consumer behaviour: Audience measurement lagging despite improvements
Consumer behaviour Audience measurement lagging despite improvements Status of measurement Challenges Status as of 2016 year end Germany France Netherlands Linear TV Channels YES YES YES Time shifted YES YES YES TV viewing Catch-up on YES YES YES desktop Lack of common measurement Catch-up on NO YES