RTL Group S.A.LUXSE: RTLL

RTLL: Digital and streaming growth offset TV ad declines, but full-year guidance was revised downward

· Issued by RTL Group S.A.

Revenue declined 2.2% year-over-year to €4.1 billion due to weak TV advertising, but digital and streaming businesses grew strongly, with digital ad revenue up 31.7% and streaming subscribers up 17.4%. Full-year guidance was lowered amid challenging TV ad markets.

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