Quarterly Advance in Margin in Q3, 2018
In the third quarter of 2018, the RTL Group, a leading European entertainment network, reported its financial results. Notable changes were observed in the company's leadership and the use of certain non-US GAAP measures.
One such measure is EBITA, an acronym for Earnings Before Interest, Taxes, Depreciation, and Amortisation. This non-US GAAP measure excludes amortisation and impairment of goodwill and intangible assets from the operating income. During Q3 2018, the RTL Group's EBITA included one-off costs totaling EUR 4 million. These costs were divided, with EUR 2 million attributed to restructuring costs and EUR 2 million to acquisition integration costs.
Another non-US GAAP measure used by the RTL Group is Organic Growth. This measure excludes the impact of currency fluctuations, acquisitions, and divestitures, providing a clearer picture of the company's core business performance.
Leadership changes also took place within the RTL Group during this period. Alain Dehaze, who had been serving as the Group Chief Executive Officer, was joined by Bert Habets as the new CEO of the group. Habets assumed the role in Q3 2018 and went on to become the sole CEO of the RTL Group later in the year.
These developments underscore the RTL Group's commitment to transparency and proactive management, as they continue to navigate the dynamic media landscape.
