RTL Group, Europe’s leading broadcaster and content provider, announces its interim results to 30 June 2005
Continued strong operational performance •
Reported revenue and EBITA down marginally due to portfolio changes and start up losses for new businesses
Underlying revenue up 1.1 per cent to EUR 2,397 million despite difficult advertising market conditions
EBITA adjusted for portfolio changes maintained
Record EBITA at M6, Antena 3 and Five compensated for the effects of difficult German market conditions, demonstrating the benefits of running an internationally diversified portfolio
Net result up to EUR 312 million
Strong operating cash conversion of 93 per cent
Net cash position of EUR 251 million, up from EUR 188 million at the beginning of the year.
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