RTL Group: More profit thanks to higher advertising revenues
Higher advertising revenues have boosted profits at RTL Group, Europe's largest television group. Operating profit rose by 8 percent to 144 million euros in the third quarter of 2011.
This was announced by the Bertelsmann subsidiary on Wednesday, according to SDA. Business was particularly good in Germany, France and the Netherlands, as well as at the production subsidiary Fremantle Media. Revenues increased by 7 percent to 1.24 billion euros.
