2019 half-year resultsRTL Group experiences record revenue with slight drop in profits

RTL Today
RTL Group has presented its half-year results for 2019, showing that revenue has risen by 4.2% to a record-breaking €3.17 billion.

Digital commerce was an important component for the group's revenue growth, broadly due to the television company Fremantle and the streaming service TV-Now.
 
However, as the digital field is not as profitable as classic television business, the group's profits have dropped slightly to €538 million. The development is also due to higher investments in programming content.

Net profits have risen by a quarter to €443 million, with the €63 million sale of Universum Film playing a role in profits.

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