Rtl Group S.a. · LUXSE:RTLL
Rtl — Exane BNP Paribas conference, Paris, June 2014
22 slides from Rtl's conference presentation, June 2014
Slide 1: The leading European Entertainment network
The leading European Entertainment network ExaneBNP, Paris, June 2014
Slide 2: Agenda
Agenda 1 2 3 4 Quarter 1 2014 Group Business Digital highlights financials segments 2014
Slide 3: Good start into 2014
1 2 3 4 5 Good start into 2014 € 1,313 million Revenue 112 % Cash conversion rate 14.8% EBITA Margin € 194 million Reported EBITA continuing operations € 92 million Net profit
Slide 4: Agenda
Agenda 1 2 3 4 Quarter 1 2014 Group Business Digital highlights financials segments 2014
Slide 5: Review of results 31 March 2014: Revenue & EBITA
1 2 3 4 5 Review of results 31 March 2014 Revenue & EBITA Per 3 months to 3 months to 3 months to cent In € million March 2014 March 2013 * March 2013 change Revenue 1,313 1,317 1,329 (0.3) Underlying revenue 1,306 1,317 1,329 (0.8) Operating cost base 1,131 1,121 1,130 0.9 Reported EBITA 194 207 20
Slide 6: Agenda
Agenda 1 2 3 4 Quarter 1 2014 Group Business Digital highlights financials segments 2014
Slide 7: Mediengruppe RTL Deutschland: Stabilising audience share
1 2 3 4 5 Mediengruppe RTL Deutschland Stabilising audience share FAMILY OF CHANNELS BY CHANNEL 14 – 59 (in %) 14 – 59 (in %) -1.0 +0.1 +0.1 -0.3 0.1 -0.8 32.6 13.7 32.4 31.5 31.3 9.6 30.6 30.3 8.5 8.5 8.2 30.1 6.8 RTL 27.4 26.9 26.0 25.5 25.8 25.2 25.2 RTL Sat 1 Pro 7 ZDF ARD Vox P7S1 -0.2 -0.1 -0.
Slide 8: Mediengruppe RTL Deutschland: Solid EBITA
1 2 3 4 5 Mediengruppe RTL Deutschland Solid EBITA NET TV ADVERTISING KEY FINANCIALS MARKET DEVELOPMENT (in € million) Q1 2014 vs. Q1 2013 (in %) REVENUE EBITA -0.9% 29.6% ROS 29.8% MG RTL Market Deutschland 453 449 +/-0% +/-0 % 134 134 -2.0% 2013 2014 2013 2014 Source: RTL Group estimates, MG RTL D
Slide 9: …with growth potential…
1 2 3 4 5 Mediengruppe RTL Deutschland …with growth potential… TV’S AD SHARE IN MEDIA MIX 2013 In % of total ad spend 45% 38% 30% Growth 27% 25% potential 23% GER NED UK FRA ESP USA Print ad share 40% 31% 20% 23% 22% 22% Source: Screen Digest 2013
Slide 10: …while HD provides an additional revenue opportunity
1 2 3 4 5 Mediengruppe RTL Deutschland …while HD provides an additional revenue opportunity MG RTL DEUTSCHLAND HD SUBSCRIBERS HD POTENTIAL IN GERMANY In million In million households +3.5m +3.9m 36.7 Analogue TV 8.3 4.6 4.2 Digital TV HD 2.8 24.2 TECHNICAL POTENTIAL 0.7 HD Subs 4.2 2011 2012 2013 Q1
Slide 11: Groupe M6: Audience share performance
1 2 3 4 5 Groupe M6 Audience share performance FAMILY OF CHANNELS BY CHANNEL Housewives <50, all day (in %) Housewives <50 all day (in %) -0.1 -1.0 +/-0 -0.1 34.1 33.3 33.0 32.6 32.2 32.0 32.1 Groupe 24.2 TF1 15.6 9.9 4.4 21.5 21.2 21.0 20.9 20.5 20.4 20.5 Groupe M6 TF1 France 2 France 3 M6 -0.5 +0.
Slide 12: Groupe M6: Continued difficult market conditions
1 2 3 4 5 Groupe M6 Continued difficult market conditions NET TV ADVERTISING KEY FINANCIALS MARKET DEVELOPMENT (in € million) Q1 2014 vs. Q1 2013 (in %) REVENUE EBITA -0.3% 17.3% ROS 12.4% Market M6 TF1 0.3 347 346 -28.3% < -2.0 -1.8 60 43 2013 2014 2013 2014 M6 and TF1 as reported
Slide 13: RTL Nederland: Strong audience share development
1 2 3 4 5 RTL Nederland Strong audience share development FAMILY OF CHANNELS BY CHANNEL 20 – 49, Primetime (in %) 20 – 49, Primetime (in %) 35.2 +0.5 +1.5 +1.1 -2.8 +0.5 33.5 33.6 19.7 32.9 33.0 RTL 32.3 16.4 31.7 9.4 29.1 5.6 5.5 27.3 26.8 28.3 25.3 25.3 25.2 RTL 4 Ned 1 SBS 6 Ned 3 RTL 5 26.8 24.0
Slide 14: RTL Nederland: Revenue and EBITA growth
1 2 3 4 5 RTL Nederland Revenue and EBITA growth NET TV ADVERTISING KEY FINANCIALS MARKET DEVELOPMENT (in € million) Q1 2014 vs. Q1 2013 (in %) REVENUE EBITA +8.9% 4.4% ROS 6.1% Market RTL Nederland 98 6.8 +50.0% 5.5 90 6 4 2013 2014 2013 2014 Source: RTL Group estimates (spot)
Slide 15: FremantleMedia: Higher revenue and stable EBITA
1 2 3 4 5 FremantleMedia Higher revenue and stable EBITA KEY FINANCIALS REVENUE BRIDGE 2013 – 2014 (in € million) (in € million) REVENUE EBITA 29 (22) 313 301 (7) 12 313 3.3% ROS 2.9% 301 FX European North Asia, LatAM impact production America & Other & Licensing 10 9 2013 2014 2013 2014 2013 2014
Slide 16: FremantleMedia: Acquisitions strengthen scripted and local entertainment
1 2 3 4 5 FremantleMedia Acquisitions strengthen scripted and local entertainment Miso Film 495 Productions Acquisition of 51% stake in November 2013 Acquisition of 75% stake in March 2014 Danish independent production US production company company focused on high end focused on reality series p
Slide 17: Agenda
Agenda 1 2 3 4 Quarter 1 2014 Group Business Digital Strategy highlights financials segments 2014 update
Slide 18: Online video is at the heart of RTL Group's digital strategy
1 2 3 4 Online video is at the heart of RTL Group’s digital strategy Strategic focus Strong growth Top 10 global player* VIDEO VIEWS RTL GROUP # COMPANY Catch-up Full year (in billion) 1 Google / YouTube 1 VOD TV services 2 Facebook +143% +216% 3 AOL (including Adap.TV) 4 VEVO 21.8 5 DAILYMOTION Web
Slide 19: With an ambition to become a leading global player
1 2 3 4 With an ambition to become a leading global player MCN investment and development plan 1 2 3 Strengthen monetisation Rapidly acquire scale and Develop quality of content and develop strategically technology capabilities in and depth in key verticals important value-chain “horizontal” MCNs co
Slide 20: Recent activity highlights increasing attention in the MCN space
1 2 3 4 Recent activity highlights increasing attention in the MCN space o Recent o investments by major o media o companies o o First signs of market o consolidation o
Slide 21: 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 22: The leading European Entertainment network
The leading European Entertainment network ExaneBNP, Paris, June 2014
RTL Group — Exane BNP Paribas conference, Paris, June 2014 on 6ix