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

Alex Koagne ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Benoit Valleaux
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Léopold Authié
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/09/2018

...

Jerôme Bodin

RTL Group : Sluggish market in Germany but model proves resilient thanks to geographic and business diversification

>A challenging market in Germany but model resilient thanks to diversification - RTL Group has held a conference call following Q3 results that fell slightly short of our forecasts. The group has confirmed a lacklustre advertising trend for Q4. On this basis, we have made a slight downward adjustment to our earnings forecasts. In this context of weak visibility, the group nonetheless presents a very resilient profitability profile, for two reasons: 1/ the group alre...

Alex Koagne ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Léopold Authié
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 09/11/2018

...

Jerôme Bodin

RTL Group : Marché poussif en Allemagne mais résilience du modèle grâce à la diversification géographique et métier

>Marché difficile en Allemagne mais résilience du modèle grâce à la diversification - RTL Group a tenu sa conférence téléphonique suite à ses résultats T3 ressortis légèrement inférieurs à notre attente. Le groupe a confirmé une tendance publicitaire molle au T4. Sur cette base, notre séquence de résultats est ajustée en baisse. Dans ce contexte de faible visibilité, le groupe présente toutefois un profil de rentabilité très résilient pour deux raisons : 1/ il dispos...

Alex Koagne ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Charles Lepetitpas
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/08/2018

A few weeks after the French government officially mandated advisers to work on EDF’s “architecture”, we provide an update on the main scenarios and their financial consequences. Our status-quo approach gives a valuation of between € 18.0 (+20%) and € 19.2 (+28%), depending on the outcome of the Multiannual Energy Plan (MEP). Under alternative scenarios, with total regulation of the nuclear sector or segregation of nuclear power, our valuation ranges from € 22.5 (+50%) to € 24.0 (+71%...

Jerôme Bodin

RTL Group : Sluggish market in Germany but model proves resilient thanks to geographic and business diversification

>A challenging market in Germany but model resilient thanks to diversification - RTL Group has held a conference call following Q3 results that fell slightly short of our forecasts. The group has confirmed a lacklustre advertising trend for Q4. On this basis, we have made a slight downward adjustment to our earnings forecasts. In this context of weak visibility, the group nonetheless presents a very resilient profitability profile, for two reasons: 1/ the group alre...

Jerôme Bodin

RTL Group : Marché poussif en Allemagne mais résilience du modèle grâce à la diversification géographique et métier

>Marché difficile en Allemagne mais résilience du modèle grâce à la diversification - RTL Group a tenu sa conférence téléphonique suite à ses résultats T3 ressortis légèrement inférieurs à notre attente. Le groupe a confirmé une tendance publicitaire molle au T4. Sur cette base, notre séquence de résultats est ajustée en baisse. Dans ce contexte de faible visibilité, le groupe présente toutefois un profil de rentabilité très résilient pour deux raisons : 1/ il dispos...

Jerôme Bodin

ODDO : RTL Group / Pro7Sat1 : première vue sur les résultats du T3 et l’update stratégique de Pro7Sat1

>Publications des deux groupes allemands - Les deux groupes de TV allemands ont publié ce matin leurs résultats du T3 ressortis globalement un peu en dessous des attentes. La tendance publicitaire est ressortie molle pour les deux groupes au T3 (0% pour Pro7Sat1 et ~-6% pour RTL Deustchland). Le point important de ces deux publications est la revue stratégique de Pro7Sat1 (baisse de l’EBITDA en 2019 et nouvelle politique de retour de cash aux actionnaires). lls tienn...

Jerôme Bodin

ODDO : RTL Group / Pro7Sat1: first look at Q3 2018 results and strategic update from Pro7Sat1

>Q3 2018 results publication from the two German groups - The two German groups this morning reported their Q3 2018 earnings a shade below expectations overall. The advertising trend was lacklustre for the two groups in Q3 (0% for Pro7Sat1 and around -6% for RTL Deustchland). The main focus of these two publications is Pro7Sat1's strategic review (lower EBITDA in 2019 and a new cash return policy for shareholders). The two groups have scheduled their respective confe...

Alan Vandenberghe ...
  • Bart Cuypers
  • Lenny Van Steenhuyse
  • Ruben Devos
  • Sandra Cauwenberghs
  • Wim Hoste

KBC Securities Morning Note 8-11-2018 BAMNB NA, BBED NA, BPOST BB, DSM NA, KDS NA, RTL BB, SOLB BB

BAM Group: Good 9M18 revenues yet softer result and TWC Beter Bed Holding: Waking up from a beauty sleep bpost: Ebitda ex. one-off 13% below exp, outlook confirmed DSM: Sweetener JV with Cargill Kiadis: 3 senior hires to support commercialisation ATIR101 RTL Group: First look – Q3 results in line, guidance confirmed Solvay: 3Q REBITDA +3.8%, FY guidance range narrowed Dynamic Top Pick List: Adding Beter Bed Holding to Dynamic Top Pick List

Alex Koagne ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Benoit Valleaux
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Léopold Authié
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/09/2018

...

Alex Koagne ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Hela Zarrouk
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Léopold Authié
  • Louis Boujard
  • Matthias Desmarais
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Rémi Adam
  • Roland Pfaender
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 09/11/2018

...

Alex Koagne ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Charles Lepetitpas
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/08/2018

A few weeks after the French government officially mandated advisers to work on EDF’s “architecture”, we provide an update on the main scenarios and their financial consequences. Our status-quo approach gives a valuation of between € 18.0 (+20%) and € 19.2 (+28%), depending on the outcome of the Multiannual Energy Plan (MEP). Under alternative scenarios, with total regulation of the nuclear sector or segregation of nuclear power, our valuation ranges from € 22.5 (+50%) to € 24.0 (+71%...

Anis Zgaya ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Hela Zarrouk
  • Jean-François Granjon
  • Jerôme Bodin
  • Khaled Ben Amor
  • Léopold Authié
  • Matthias Desmarais
  • Nicolas David
  • Rémi Adam
  • Salma Bouraoui

ODDO BHF Small & MIDCAP MORNING NEWS - 11/08/2018

...

Alex Koagne ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Anis Zgaya
  • Charles Lepetitpas
  • Delphine Brault
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Léopold Authié
  • Louis Boujard
  • Martial Descoutures
  • Matthias Desmarais
  • Philippe Ourpatian
  • Pierre Corby
  • Roland Pfaender
  • Samantha Jeary
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/11/2018

Quelques semaines après que l’Etat ait officiellement mandaté des conseils pour travailler sur « l’architecture d’EDF », nous revenons sur les principales hypothèses d’évolution et leurs conséquences financières. Notre approche statu quo nous amène à une valorisation du titre entre 18.0 € (+20%) et 19.2 € (+28%), en fonction de la PPE, tandis que les hypothèses alternatives, avec régulation totale du nucléaire ou sanctuarisation du nucléaire, la porterait entre 22.5 € (+50%) et 24.0 €...

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...

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