Q3 Revenues Up at RTL Group

LUXEMBOURG: Driven by a boost in TV advertising, RTL Group’s revenues in the third quarter were up 8.8 percent to 1.16 billion euros, with a reported EBITA of 133 million euros, a 47.8 percent gain.

The EBITA increase was driven by the German broadcasting assets (Mediengruppe RTL Deutschland) M6 in France and RTL Nederland, the company said. For the first nine months, meanwhile, reported revenues was up 7.9 percent to 3.82 billion euros, and reported EBITA gained 46.6 percent to 670 million euros.

RTL Group says it will have better full-year results compared with 2009.