RTL Group S.A.

RTL Group is a holding company. Co. through its subsidiaries is engaged in the operation of television and radio broadcasting services, television content production and distribution. Co. has interests in 40 television channels and 33 radio stations in 11 countries. Co. is involved in television content production, such as talent and game shows, drama and daily soap operas, through its subsidiary, FremantleMedia. Co. also provides services in the digital entertainment environment, including online games, community and dating services, as well as user-generated content exchange platforms.
  • TickerRTLL
  • ISINLU0061462528
  • ExchangeLuxembourg Stock Exchange
  • SectorMedia
  • CountryLuxembourg

Analysts

Alexandre Iatrides ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Tegner
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/16/2019

...

Jerôme Bodin

RTL Group : Q1 driven by Fremantle, advertising revenues in line with expectations

>2019 outlook unchanged - RTL Group this morning reported Q1 revenues that were higher than we expected thanks to a very good performance from Fremantle (favourable delivery timetable), which should however return to normal over the rest of the year. Despite this very good performance we have not changed our estimates for this division in 2019. The group does not provide details on its performances by country, but advertising revenue seems broadly in line with what w...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Tegner
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 16/05/2019

...

Jerôme Bodin

RTL Group : T1 porté par Fremantle, activité publicitaire conforme aux attentes

>Perspectives 2019 inchangées - RTL Group a publié ce matin son CA T1 supérieur à notre attente grâce à une très bonne performance de Fremantle (calendrier de livraisons favorables) qui devrait toutefois se normaliser sur le reste de l’année. Malgré cette très bonne performance, nous ne révisons pas nos attentes pour ce pôle sur 2019. Le groupe ne communique pas de détail de ses performances par pays, mais l’activité publicitaire nous semble globalement conforme à no...

Alan Vandenberghe ...
  • Alexander Makar
  • Cedric Duinslaeger
  • Jan Opdecam
  • Jason Kalamboussis
  • Lenny Van Steenhuyse
  • Ruben Devos
  • Sandra Cauwenberghs

Morning Note: AED BB, ASC BB, BCART BB, CPINV BB, IVA FR, NN NA, RTL BB, SBMO NA, SLIGR NA

Aedifica: 3Q18-19 results Ascencio: Renewal of leases with Grand Frais Biocartis: Presenting MSI results at ASCO CP Invest: 1Q19 results: slightly above expectation Inventiva: 1Q19 business update NN Group: 1Q bottom line well ahead, but underlying lacklustre RTL Group: Beat driven by Fremantle, broadcast not as bad SBM Offshore: Good 1Q19 update, no surprises Sligro: Feedback CMD in Antwerp

Jerôme Bodin

RTL Group : Q1 driven by Fremantle, advertising revenues in line with expectations

>2019 outlook unchanged - RTL Group this morning reported Q1 revenues that were higher than we expected thanks to a very good performance from Fremantle (favourable delivery timetable), which should however return to normal over the rest of the year. Despite this very good performance we have not changed our estimates for this division in 2019. The group does not provide details on its performances by country, but advertising revenue seems broadly in line with what w...

Jerôme Bodin

RTL Group : T1 porté par Fremantle, activité publicitaire conforme aux attentes

>Perspectives 2019 inchangées - RTL Group a publié ce matin son CA T1 supérieur à notre attente grâce à une très bonne performance de Fremantle (calendrier de livraisons favorables) qui devrait toutefois se normaliser sur le reste de l’année. Malgré cette très bonne performance, nous ne révisons pas nos attentes pour ce pôle sur 2019. Le groupe ne communique pas de détail de ses performances par pays, mais l’activité publicitaire nous semble globalement conforme à no...

Alan Vandenberghe ...
  • Alexander Makar
  • Cedric Duinslaeger
  • Jan Opdecam
  • Jason Kalamboussis
  • Lenny Van Steenhuyse
  • Ruben Devos
  • Sandra Cauwenberghs

Morning Note: AED BB, ASC BB, BCART BB, CPINV BB, IVA FR, NN NA, RTL BB, SBMO NA, SLIGR NA

Aedifica: 3Q18-19 results Ascencio: Renewal of leases with Grand Frais Biocartis: Presenting MSI results at ASCO CP Invest: 1Q19 results: slightly above expectation Inventiva: 1Q19 business update NN Group: 1Q bottom line well ahead, but underlying lacklustre RTL Group: Beat driven by Fremantle, broadcast not as bad SBM Offshore: Good 1Q19 update, no surprises Sligro: Feedback CMD in Antwerp

Jerôme Bodin

ODDO : Consolidation amongst European TV groups: a credible scenario?

>A resumption of consolidation between free-to-air TV groups? - Part of the consensus has recently again questioned the possibility of link-ups in the free-to-air TV domain. This follows several press articles mentioning certain movements and, in particular, in January, a possible merger between Pro7Sat1 and Mediaset. We have regularly discussed these consolidation movements, particularly since our Natixis note of 31 August 2017 (“Towards a return of alliances between...

Jerôme Bodin

ODDO : Consolidation entre TV européennes : faut-il y croire ?

>Un retour de la consolidation entre TV gratuite ? - Une partie du consensus s’est de nouveau récemment interrogé sur la possibilité de rapprochements dans le domaine de la TV gratuite. Ce qui fait suite à plusieurs articles de presse évoquant certains mouvements et notamment, en janvier, une possible fusion entre Pro7Sat1 et Mediaset. Nous avons régulièrement évoqué ces mouvements de consolidation, notamment depuis notre note Natixis du 07/01/2014 (« Vers un retour d...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Tegner
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/16/2019

...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Khaled Ben Amor
  • Louis Boujard
  • Matthias Desmarais
  • Nicolas David
  • Philippe Ourpatian
  • Pierre Tegner
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 16/05/2019

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Nicolas Thorez
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 04/24/2019

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Nicolas Thorez
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 24/04/2019

...

Alfred Glaser ...
  • Benoit Valleaux
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Jerôme Bodin
  • Laurence Hofmann
  • Martial Descoutures
  • Michael Foundoukidis
  • Pierre Tegner
  • Pierre Corby
  • Roland Pfaender
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 24/04/2019

...

RTL GROUP sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of RTL GROUP (BE), a company active in the Broadcasting & Entertainment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 22, 2019, the closing price was EUR 49.04 and its potential was estimated at EUR 54.65.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

RTL Group – Proxinvest Corporate Governance Rating ® : E

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Proxy Report - 18/04/2018

It is proposed to elect a new member to the Board, Ms Lazaznick. She is considered independent and would therefore increase both the independence rate and gender diversity rates of the Board. Hence, we support this election (Item 5.1). It is also proposed to re-elect all board members. Only 3 board members (including Ms Zalaznick) are considered independent (i.e 23.1% of independence rate). Hence, we do not support most of the re-elections proposed. We note our renewed concern with the absence of a vote on remuneration. While not required in Luxembourg, it is now European best practice. We r...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch