Slide 1: RTL Group half-year results
RTL Group half-year results Luxembourg, 27 August 2015
Slide 2: Agenda
Agenda 1 2 3 4 2015 Half-year Group Business Outlook 2015 2015 highlights financials segments 2
Slide 3: Strong financial performance: revenue, EBITA and net profit up
1 2 3 4 Strong financial performance: revenue, EBITA and net profit up € 2,788 +3.8% million revenue YoY growth € 1.00 Interim extraordinary dividend 19.2% € 534 million +3.3% EBITA Margin € million 351 reported EBITA YoY growth +73.8% € 628 million +2.6% net profit YoY growth reported EBITDA YoY gr
Slide 4: Highlights in HY 2015
1 2 3 4 Highlights in HY 2015 +94% digital revenue growth EBITA growth at Mediengruppe +9.6% RTL Deutschland European media company in #1 online video1) Simon Cowell, Britain's Got Talent 1) By comScore video property ranking 4
Slide 5: Digital has become a key driver of RTL Group's top-line growth
1 2 3 4 Digital has become a key driver of RTL Group’s top-line growth DIGITAL REVENUE YoY growth In € million X2 219 +84% Ad Non-Ad 1) 103 113 +112% 1) +90% HY 2013 HY 2014 HY 2015 4% Share of total revenue 8% RTL Group to further grow its leading position in online video 1) Pro-forma 5
Slide 6: RTL Group has become a global leader on YouTube
1 2 3 4 RTL Group has become a global leader on YouTube COMSCORE MCN RANKING By video views, excl. music services1) #2 #1 #2 #5 #1 worldwide 2) in US #1 in #1 #2 #3 3) Europe #1 in #1 #2 #3 Germany 4) In June 2015 June 2014 June 2015 1) Content & ads, excl. mobile; 2) Aggregated pro-forma view of al
Slide 7: Agenda
Agenda 1 2 3 4 2015 Half-year Group Business Outlook 2015 2015 highlights financials segments 7
Slide 8: Q2 2015: strong revenue growth
1 2 3 4 5 Review of results 30 June 2015 Q2 2015: strong revenue growth Quarter to Quarter to Per cent In € million June 2015 June 2014 change Revenue 1,480 1,374 +7.7 Operating cost base 1,148 1,077 +6.6 Reported EBITA 340 326 +4.3 Reported EBITA margin (%) 23.0 23.7 (0.7)pp Reported EBITDA 381 366
Slide 9: HY 2015: growing revenue and EBITA
1 2 3 4 5 Review of results 30 June 2015 HY 2015: growing revenue and EBITA Half-year to Half-year to Per cent In € million June 2015 June 2014 change Revenue 2,788 2,687 +3.8 Underlying revenue 2,634 2,603 +1.2 Operating cost base 2,300 2,211 +4.0 Reported EBITA 534 517 +3.3 Reported EBITA margin (
Slide 10: HY 2015: net result up significantly
1 2 3 4 5 Review of results 30 June 2015 HY 2015: net result up significantly Half-year to Half-year to Per cent In € million June 2015 June 2014 change Reported EBITA 534 517 +3.3 Impairment of goodwill of subsidiaries - (88) Amortisation and impairment of fair value adjustments on acquisitions of
Slide 11: HY 2015: solid cash flow
1 2 3 4 5 Review of results 30 June 2015 HY 2015: solid cash flow Half-year to Half-year to In € million June 2015 June 2014 Net cash flow from operating activities 295 401 Add: Income tax paid 198 142 Less: Acquisition of assets, net (97) (78) Equals: Reported free cash flow (FCF) 396 465 Acquisiti
Slide 12: Agenda
Agenda 1 2 3 4 2015 Half-year Group Business Outlook 2015 2015 highlights financials segments 12
Slide 13: Mediengruppe RTL Deutschland: Delivering another record result
1 2 3 4 Mediengruppe RTL Deutschland Delivering another record result #1 free-TV broadcaster +7% strong revenue growth 34.5% world class EBITA margin Wladimir Klitschko, RTL 13
Slide 14: Mediengruppe RTL Deutschland: Clear market leader in audience ratings
1 2 3 4 Mediengruppe RTL Deutschland Clear market leader in audience ratings FAMILY OF CHANNELS BY CHANNEL 14 – 59 (in %), HY 2015 14 – 59 (in %) -0.6 +0.2 +0.1 -1.4 -1.2 +/-0 Others MG RTL 12.5 21.7% 9.6 8.3 8.0 8.0 28.7% 6.6 ARD-III 7.2% RTL Sat 1 Pro 7 ZDF ARD Vox ARD +/-0 -0.1 +0.3 -0.2 +/-0 +/-
Slide 15: Mediengruppe RTL Deutschland: Strong performance in a growing market
1 2 3 4 Mediengruppe RTL Deutschland Strong performance in a growing market NET TV ADVERTISING KEY FINANCIALS MARKET GROWTH1) (in € million) (in %) REVENUE EBITA +7.3% 33.8% ROS 34.5% 995 +3-4% 927 +9.6% 2015 343 313 HY 2014 HY 2015 HY 2014 HY 2015 1) RTL Group estimate 15
Slide 16: Groupe M6: Solid results
1 2 3 4 Groupe M6 Solid results +1.3% advertising revenue EBITA from TV activities +0.7% slightly up +46% growth of 6ter audience share The Island, M6 16
Slide 17: Groupe M6: Stable audience share for family of channels
1 2 3 4 Groupe M6 Stable audience share for family of channels FAMILY OF CHANNELS BY CHANNEL Women < 50 responsible for purchases (in %), HY 2015 Women < 50 responsible for purchases (in %) -0.7 -0.6 -0.1 -0.4 GROUPE 23.6 M6 20.5% 14.9 Others 9.9 33.7% 3.9 TF1 M6 Fr2 Fr3 +/-0 +/-0 -0.1 +0.2 +0.6 +0.
Slide 18: Groupe M6: Total revenue & EBITA down due to diversification
1 2 3 4 Groupe M6 Total revenue & EBITA down due to diversification activities NET TV ADVERTISING KEY FINANCIALS MARKET GROWTH1) (in € million) (in %) REVENUE EBITA -5.7% 16.6% ROS 16.6% 670 +2.0% 632 -5.4% 2015 111 105 HY 2014 HY 2015 HY 2014 HY 2015 1) RTL Group estimate 18
Slide 19: RTL Nederland: Strong audience performance, weak ad market
1 2 3 4 RTL Nederland Strong audience performance, weak ad market #1 Free-TV broadcaster slight revenue growth despite +0.9% declining TV ad market +36% platform revenue growth The Voice Kids, RTL 4 19
Slide 20: RTL Nederland: Family of channels further grows its lead
1 2 3 4 RTL Nederland Family of channels further grows its lead FAMILY OF CHANNELS BY CHANNEL 20 – 49, Primetime (in %), HY 2015 20 – 49, Primetime (in %) RTL Nederland +0.7 -4.3 -0.5 +0.8 +0.5 Others 19.3 15.2 22.0% 8.5 32.7% 6.3 6.2 RTL 4 Ned 1 SBS 6 Ned 3 Veronica +0.2 +/-0 -0.1 +0.1 +/-0 24.9% P
Slide 21: RTL Nederland: Lower EBITA due to very difficult TV ad market
1 2 3 4 RTL Nederland Lower EBITA due to very difficult TV ad market NET TV ADVERTISING KEY FINANCIALS MARKET GROWTH1) (in € million) (in %) REVENUE EBITA +0.9% 19.6% ROS 11.9% 224 226 -38.6% 2015 -5% 44 27 HY 2014 HY 2015 HY 2014 HY 2015 1) RTL Group estimate 21
Slide 22: Other markets: EBITA stable/up across all other territories
1 2 3 4 Other markets EBITA stable/up across all other territories BELGIUM 104 HUNGARY 47 Clear market leader Profitability up strongly Stable EBITA in weak due to positive one-off 26 effects after changes 16 ad market of controversial ad tax FRENCH RADIO 78 CROATIA 17 #1 Radio in France M
Slide 23: Broadcast: Retransmission fees continue to grow double digits
1 2 3 4 Broadcast Retransmission fees continue to grow double digits RTL GROUP PLATFORM REVENUE HD SUBSCRIBERS, GERMANY (in € million) (in million) HD 1 channels +18% +16% 118 Thematic 5.7 channels 5.4 100 4.9 VOD on managed 3 HY 2014 HY 2015 platforms HY 2014 2014 HY 2015 Platform revenue defined a
Slide 24: FremantleMedia: More format development, drama and digital
1 2 3 4 FremantleMedia More format development, drama and digital €28m stable EBITA acquisition of a leading Italian producer +149% digital revenue America’s Got Talent, FremantleMedia North America 24
Slide 25: FremantleMedia: Financial results in line with expectations
1 2 3 4 FremantleMedia Financial results in line with expectations KEY FINANCIALS REVENUE BRIDGE (in € million) HY 2014 – HY 2015 (in € million) REVENUE EBITA +70 -63 4.7% ROS 4.4% 637 +7 637 623 623 FX gains Scope Net production changes volume, phasing 29 28 & new shows HY 2014 HY 2015 HY 2014 HY 2
Slide 26: FremantleMedia: Push into scripted prime-time entertainment
1 2 3 4 FremantleMedia Push into scripted prime-time entertainment New acquisition New top production New development The Young Pope: Starring Jude Law, Deutschland 83: “Fresh and American Gods: TV serial adaptation (Sky, HBO & Canal Plus) enjoyable” (New York Times) of best selling novel Lead
Slide 27: Digital business: RTL Group is becoming a global online video powerhouse
1 2 3 4 Digital business RTL Group is becoming a truly global online video powerhouse VIDEO VIEWS RTL GROUP HY 2015 (in billion)2) European media company 1# in online video1) digital revenue, driven by +94% acquisitions and organic 42.5 growth of +33% YouTube channels managed 15.7 45,000 by world le
Slide 28: Online video: Global leader on YouTube
1 2 3 4 Online video Global leader on YouTube 2) 3) 200+ hours original content produced in HY 20154) VIDEO VIEWS June 20151) El Rubius Zoella Rclbeauty 101 UNIQUE USERS 270m 265m 75m 13m 8m 3m June 20151) subs subs subs SUBSCRIBERS 700m 650m 270m 180+ CHANNELS 45,000 55,000 2,000 branded content ca
Slide 29: Online video advertising: SpotXchange on impressive profitable growth path
1 2 3 4 Online video advertising SpotXchange on impressive profitable growth path Strong revenue growth Growing publisher base HY 2015 revenue growth, YoY1) Latest additions +100% YoY 4.2bn Ad decisions processed per day Live platform publishers 300+ +112% Growth of private market place usage ~100 N
Slide 30: Agenda
Agenda 1 2 3 4 2015 5 Half-year Group Business Outlook 2015 Strategic 2015 highlights financials segments update 30
Slide 31: RTL Group Outlook for 2015
1 2 3 4 2015 RTL Group Outlook for 2015 Revenue now expected to grow slightly given 1 outlook for European ad markets and strong growth in digital revenue Reported EBITA to be in line with last year 2 despite lower contribution from one-off gains UEFA European qualifiers, RTL 31
Slide 32: Thank you
Slide 33: 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 34: RTL Group half-year results
RTL Group half-year results Luxembourg, 27 August 2015