Slide 1: The leading European entertainment network
The leading European entertainment network
Slide 2: Agenda
Agenda ● INTRODUCTION ○ Business Review ○ Financial Review ○ Outlook The leading European entertainment network
Slide 3: RTL Group Half year highlights 2011
RTL Group Half year highlights 2011 EBITA MARGIN REVENUE REPORTED EBITA 20.2% continuing operations EUR 2.75 billion EUR 557 million CASH CONVERSION 96% NET CASH POSITION Portfolio strengthened: Strong audience shares acquisition of minorities; EUR 973 million in major markets creation of new family
Slide 4: Agenda
Agenda ○ Introduction ● BUSINESS REVIEW ○ Financial Review ○ Outlook The leading European entertainment network
Slide 5: Germany – Mediengruppe RTL Deutschland Half year Results 2011
Germany – Mediengruppe RTL Deutschland Half year Results 2011 AUDIENCE SHARE 14-49 (in %) KEY FINANCIALS (in EUR million) 889 864 RTL ROS ROS 34.4 35.0 35.7 33.6 30.1% 29.7% 33.2 32.9 32.9 32.2 31.8 29.4 30.3 30.1 29.7 268 257 29.4 29.0 29.3 29.0 P7S1 28.3 2003 2004 2005 2006 2007 2008 2009 2010 HY
Slide 6: France – Groupe M6 Half year Results 2011
France – Groupe M6 Half year Results 2011 AUDIENCE SHARE – MAIN CHANNELS NET TV ADVERTISING MARKET DEVELOPMENT (in %) HOUSEWIVES <50 ALL DAY (in %) HY 2011 VS. HY 2010 +0.8 -1.4 -1.2 -1.3 +3.1 Market M6 TF1 40.0 26.8 5.3 17.1 11.1 2.5 5.0 M6 TF1 France 2 France 3 Others -0.9 AUDIENCE SHARE – FAMILY
Slide 7: FremantleMedia Half year Results 2011
FremantleMedia Half year Results 2011 KEY FACTS 2011 KEY FINANCIALS (in EUR million) ● Continues to produce the highest rated 621 entertainment shows around the world 596 o In the US, season ten of American Idol was once again the most watched prime time entertainment series ROS ROS o In the UK, ser
Slide 8: Netherlands – RTL Nederland Half year Results 2011
Netherlands – RTL Nederland Half year Results 2011 AUDIENCE SHARE: 20-49, PRIMETIME (in %) NET TV ADVERTISING MARKET DEVELOPMENT (in %) HY 2011 vs HY 2010 +2.1 -3.5 -1.1 +0.3 -0.4 21.6 18.7 14.7 8.1 11.2 7.0 6.5 5.5 Market RTL SBS RTL4 NED1 SBS6 RTL5 Net5 Source : RTL Group estimates (spot and non-s
Slide 9: Belgium – RTL Belgium Half year Results 2011
Belgium – RTL Belgium Half year Results 2011 AUDIENCE SHARE: SHP 18-54, PRIMETIME (in %)1) NET TV ADVERTISING MARKET DEVELOPMENT (in %) HY 2011 VS. HY 2010 -1.3 -0.5 -1.3 +0.4 Market RTL Belgium RTBF 29.5 5.6 4.3 11.2 5.7 5.6 RTL TVI La Une La Deux Club RTL -0.4 AUDIENCE SHARE – FAMILY OF CHANNELS K
Slide 10: France – RTL Radio Half year Results 2011
France – RTL Radio Half year Results 2011 AVERAGE AUDIENCE SHARE 2011 – 13+, 5-24H, MON – FRI (in %) RTL STATIONS NRJ GROUP LAGARDÈRE PUBCASTER OTHER 19.7 +0.6 14.9 +0.3p 12.8 -1.1 19.7 +0.3p +/-0 +0.3 +0.3 +0.4 +/-0 -0.2 +0.1 -0.9 -0.2 +/-0 +0.2 +0.1 +0.1 +0.4 -0.3 -0.3 +0.4 12.4 11.4 9.8 7.5 6.2 5
Slide 11: Hungary – RTL Klub Half year Results 2011
Hungary – RTL Klub Half year Results 2011 AUDIENCE SHARE: 18-49, PRIMETIME (in %) KEY FINANCIALS 100% VIEW (in HUF million) +3.2 -1.3 -2.5 +0.6 12,843 ROS 13,402 ROS 44.2 9.7% 13.3% 32.2 20.0 1,245 1,777 3.6 HY 2011 HY 2010 RTL Klub TV2 M1 Other Revenue EBIT NET TV ADVERTISING MARKET DEVELOPMENT (in
Slide 12: Greece – Alpha TV Half year Results 2011
Greece – Alpha TV Half year Results 2011 AUDIENCE SHARE: 15-44, ALL DAY (in %) NET TV ADVERTISING MARKET DEVELOPMENT (in %) +1.2 HY 2011 VS. HY 2010 -0.7 +0.2 +0.7 18.8 Market Alpha Mega Antenna Star 15.8 17.8 13.1 Alpha Media Mega Antenna Star -22.1 -20.3 -29.3 -27.5 -26.3 Source : RTL Group estima
Slide 13: Croatia – RTL Televizija Half year Results 2011
Croatia – RTL Televizija Half year Results 2011 AUDIENCE SHARE: 18-49, ALL DAY (in %) KEY FINANCIALS (in EUR million) +2.0 +3.5 -4.9 -2.7 18 18 25.9 27.0 15.9 9.7 -1 -4 RTL Televizija Nova HTV1 HTV2 HY 2011 HY 2010 RTL Televizija : RTL Televizija and RTL 2 : Nova : Nova TV and Doma TV Revenue EBITA
Slide 14: Spain – Grupo Antena 3 Half year Results 2011
Spain – Grupo Antena 3 Half year Results 2011 AUDIENCE SHARE: 16-54 - ALL DAY (in %) KEY FINANCIALS 100% VIEW (in EUR million) 421 423 +1.6 +2.3 -1.4 -1.9 +0.7 ROS ROS 18.5% 20.3% 17.6 20.3 19.5 8.3 9.5 78 86 Antena 3 Telecinco TVE1 Cuatro La Sexta Antena 3: Antena 3, Neox, Nova and Nitro: Telecinco
Slide 15: Agenda
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 June 2011 (1/2)
Review of Results 30 June 2011 (1/2) Half Year to Half Year to Per cent In EUR million June 2011 June 2010 change REVENUE 2,751 2,661 +3.4 REPORTED EBITA 557 537 +3.7 Start-up losses 0 10 ADJUSTED EBITA 557 547 +1.8 Reported EBITA margin (%) 20.2 20.2 +0.0pp Adjusted EBITA margin (%) 20.2 20.6 -0.4p
Slide 17: Review of Results June 2011 (2/2)
Review of Results 30 June 2011 (2/2) In EUR million Half Year to Half Year to Per cent June 2011 June 2010 change REPORTED EBITA 557 537 +3.7 Impairment of investment in associates and amortisation and (20) (5) impairment of fair value adjustments on acquisitions Loss from sale of subsidiaries, join
Slide 18: Cash Flow Statement as of June 2011
Cash Flow Statement as of 30 June 2011 In EUR million Half Year to Half Year to June 2011 June 2010 NET CASH FLOW FROM OPERATING ACTIVITIES 463 523 Add: Income tax paid 156 199 Less: Acquisition of assets, net (87) (93) Equals: Reported free cash flow (FCF) 532 629 Acquisition of subsidiaries and JV
Slide 19: Agenda
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 ► Strong interim result confirms Group’s strategy around continuous development of core business ► Cautiously optimistic for full year results despite difficult comparatives and the broader macro economic uncertainty 19