Slide 1: Interim Results 2008
Interim u l ts 2 0 0 8 res 2008 t 26 Augus Zeiler & Gerhard ggen Elmar He
Slide 2: Agenda
Agenda ● Introduction ○ Business Review ○ Financial Review ○ Outlook
Slide 3: RTL Group Interim Highlights 2008
RTL Group Interim Highlights 2008 -0.9% -2.5% Revenue Reported EBITA EBITA margin EUR 2.9 billion EUR 502 million 17.5% +1 .6% Excellent results from Strong cash Revenue up RTL Deutschland conversion: 95% on constant and Net Cash Position: exchange rate basis FremantleMedia EUR 588 million ► RTL Gro
Slide 4: Agenda: Business Review
Agenda ○ Introduction ● Business Review ○ Financial Review ○ Outlook
Slide 5: Mediengruppe RTL Deutschland – Interim Results 2008
Profit Centre Mediengruppe RTL Deutschland – Interim Results 2008 Audience share (14-49) in % Key financials (in EUR million) 33.2 33.6 32.9 32.7 32.1 32.2 RTL 1,021 ROS ROS 31.8 981 31.4 21.4% 30.6 17.2% 30.4 30.3 30.3 29.3 29.0 29.4 P7S1 +29.0% 29.0 218 29.4 28.9 169 2000 2001 2002 2003 2004 2005
Slide 6: M6 – Interim Results 2008
Profit Centre M6 – Interim Results 2008 Audience share (housewives < 50) in % Key financials (in EUR million) -0.9 -4.3 -1.1 -0.9 +8.0 ROS 709 15.1% 709 ROS 31.0 21.3% 23.9 -29.1% 17.7 13.2 7.9 107 151 M6 TF1 France 2 France 3 Others HY 2008 HY 2007 Revenue EBITA W9 (housewives < 50, May-June, in %)
Slide 7: FremantleMedia – Interim Results 2008
Profit Centre FremantleMedia – Interim Results 2008 Key facts 2008 Key financials (in EUR million) 610 603 Currency effects (strong EUR) have 567 negative impact on revenue and EBITA of EUR 43 million and EUR 7 million respectively Operational performs remains strong in ROS three main markets of
Slide 8: Five – Interim Results 2008
Profit Centre Five – Interim Results 2008 Rep Share of adult viewing (all day) in % Key financials (in EUR million) orte d 242 -0.8 -1.0 -0.6 -1.1 +0.1 +3.4 212 34.8 22.6 ROS ROS 19.7 0.0% 2.1% 8.4 6.4 8.1 5.3 0 5 HY 2008 HY 2007 BBC1 BBC2 ITV1 Ch 4 Five Others family Revenue EBITA Un d erly Net adv
Slide 9: Netherlands – Interim Results 2008
Profit Centre Netherlands – Interim Results 2008 Audience share (shp 20-49, primetime) in% Key financials (in EUR million) Families of channels: +1.1 0.0 +6.2 212 30.5 30.8 ROS 189 25.7 ROS 16.0% 17.5% +3.0% 34 33 HY 2008 HY 2007 RTL SBS Ned 1-3 Revenue EBITA Share of net advertising market (%)1) Ra
Slide 10: Belgium – Interim Results 2008
Profit Centre Belgium – Interim Results 2008 Audience share (shp 18-54, primetime) in %1) Key financials (in EUR million) +0.1 +1.6 0.0 -0.1 35.4 108 ROS 107 ROS 28.3 18.6 16.7% 30.8% -45.5% 33 4.8 18 23 RTL Belgium Pubcaster AB Group French HY 2008 HY 2007 Channels Revenue EBITA Underlying EBITA Ne
Slide 11: Radio France – Interim Results 2008
Profit Centre Radio France – Interim Results 2008 ket Mar hip!! Audience share April – June 2008 (13+, 5-24h, Mon - Fri) in % ders Lea 20.5 +0.1p 16.1 -0.4p 13.4 -1.3 17.8 +0.6p 0.0 -0.2 +0.3 0.0 +0.1 -0.7 +0.2 -0.5 -0.2 -0.6 +0.5 +0.5 -0.4 +0.5 -0.1 -0.2 +0.1 13.3 10.1 6.6 7.4 8.7 5.2 5.6 5.4 4.2 4
Slide 12: RTL Televizija – Interim Results 2008
Profit Centre RTL Televizija – Interim Results 2008 Audience share (18-49, all day) in % Key financials (in EUR million) -0.8 +4.7 -3.4 -1.9 24 21 27.0 23.5 23.0 15.6 -1 -2 RTL Televizija Nova HTV1 HTV2 HY 2008 HY 2007 Revenue EBITA Net ad development (%) Share of net advertising market (%)1) HY 200
Slide 13: Antena 3 – Interim Results 2008
Profit Centre Antena 3 – Interim Results 2008 10 0% Audience share (individuals) in % Key financials (in EUR million) v ie w -1.8 -1.3 -0.8 +1.5 +1.7 ROS ROS 31.0% 539 477 34.1% 16.1 19.1 16.6 9.3 -19.6% 5.1 148 184 Antena 3 Telecinco TVE1 Cuatro La Sexta HY 2008 HY 2007 Revenue EBITDA Gr ou p co Ne
Slide 14: RTL Klub and REN TV – Interim Results 2008
Profit Centre RTL Klub and REN TV – Interim Results 2008 RTL Klub (Hungary) Ren TV (Russia) Audience share (18-49, primetime) in % Audience share (18-54, all day) in % -1.4 -2.1 +0.9 +0.8 -0.1 -0.5 -0.8 +1.0 0.0 19.3 33.0 15.8 24.2 13.6 8.9 8.4 8.1 5.2 RTL Klub TV2 M1 Ch1 Russia STS NTV TNT REN TV K
Slide 15: Agenda: Financial Review
Agenda ○ Introduction ○ Business Review ● Financial Review ○ Outlook
Slide 16: Review of results 30 June 2008 (1/2)
Review of results 30 June 2008 (1/2) In EUR million Half Year to Half Year to Per cent June 2008 June 2007 change Revenue 2,864 2,891 -0.9 Reported EBITA 502 515 -2.5 Restructuring charges and (3) 6 similar Start-up losses (11) (14) Adjusted EBITA 516 523 -1.3 Reported EBITA margin (%) 17.5 17.8 -0.
Slide 17: Review of results 30 June 2008 (2/2)
Review of results 30 June 2008 (2/2) In EUR million Half Year to Half Year to Per cent June 2008 June 2007 change Reported EBITA 502 515 -2.5 Impairment of goodwill and amortisation (19) (129) of fair values Gain/Loss from sale of subsidiaries, joint 7 96 ventures and other investments Net financial
Slide 18: Cash flow statement as of 30 June 2008
Cash flow statement as of 30 June 2008 In EUR million Half Year to Half Year to June 2008 June 2007 Net cash flow from operating activities 489 432 Add: Income tax paid 57 118 Less: Acquisition of assets, net (68) (57) Equals: Reported free cash flow (FCF) 478 493 Acquisition of subsidiaries and JVs
Slide 19: Agenda: Outlook
Agenda ○ Highlights ○ Business Review ○ Financial Review ○ Outlook
Slide 20: Outlook
Outlook ► Visibility on Advertising Markets still low ► Cautious outlook given wider economic developments ► Confident to achieve profit targets for the full year
Slide 21: Interim Results 2008
Interim l ts 2 0 0 8 resu 2008 t 26 Augus er h ar d Zeiler & G ggen Elmar He