Assuming that the economic recovery continues, RTL Group expects its total revenue for the full year 2020 to be around €5.8 billion and its Adjusted EBITA to be around €720 million, driven by the strength of Mediengruppe RTL Deutschland.
RTL Group’s dividend policy, presented in August 2019, remains unchanged: RTL Group plans to pay out at least 80 per cent of the Group’s full-year net result attributable to RTL Group shareholders, adjusted for any material non-cash impacts such as impairments and deferred taxes. For 2020, RTL Group’s management currently expects to propose a dividend in line with this dividend policy.
RTL Group: strategic targets for the streaming services TV Now and Videoland
|
2019 |
2025e |
Paying subscribers |
1.44m |
5m to 7m |
Streaming revenue |
€135m |
>€500m |
Content spend per annum |
€85m |
~€350m |
EBITA break-even expected by 2025.