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RTL Group, the leading European entertainment network, announces its interim management statement to 9 May 2011. Compared to an exceptional first quarter in 2010, when most of the Western European TV advertising markets recorded robust growth, the picture in the first three months of 2011 was mixed. While advertising revenue in the Netherlands (TV) and France (TV and radio) grew significantly year-on-year, the German TV advertising market was down in the first quarter of 2011. This mixed picture is also due to the Easter effect compared to 2010, when the first quarter completely included the build-up campaigns for Easter. Against this background, consolidated revenue of RTL Group increased slightly by 0.8 per cent to EUR 1,255 million (Q1/2010: EUR 1,245 million). Group EBITA reached...
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