RTL Group records record sales in the first half of the year

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RTL Group

The revenues rose to more than three billion euros.


(Photo: AP)

Berlin The European TV company RTL Group achieved record sales in the first half of the year and also benefited from improving digital business. Revenues increased by 4.2 percent to 3.2 billion euros, as the Bertelsmann subsidiary announced on Wednesday.

Operating profit (Ebita) fell slightly year-on-year by around 2 percent to 538 million, mainly due to investment in program content and streaming services. The broadcaster reaffirmed its business goals for 2019 and is also rebuilding its leadership structure.

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