Overview
- Full-year revenue came in at €6.018 billion, down 3.8% year over year, with adjusted EBITA of €661 million in line with guidance.
- Streaming revenue rose 26% to €509 million as paying subscribers increased 19% to 8.1 million, and segment losses narrowed to €47 million with near break-even in the fourth quarter.
- Fremantle revenue declined 9.4% to roughly €2.03 billion, mainly from weaker entertainment sales in the U.S. and U.K., prompting a €125 million impairment alongside a €201 million charge at RTL Deutschland.
- Total group profit rose to about €1.03 billion, boosted by the completed sale of RTL Nederland to DPG Media.
- RTL forecasts adjusted EBITA of €725 million for 2026 and reiterates a €1 billion medium-term target, with the Sky Deutschland acquisition targeted to close in the first half of 2026 pending European Commission approval.