RTL Group revenue holding steady

Operating profits slightly up to $744 mil

COLOGNE, Germany -- Leading European broadcaster RTL Group continues to shrug off the global economic crisis. Third-quarter figures released Thursday show revenue steady at 4.05 billion euros ($5.22 billion) and operating (EDITDA) profits up slightly to 577 million euros ($744 million).

Growth from RTL's German operations, run by company COO Anke Schaeferkordt, and production subsidiary FremantleMedia offset declines in the French and Spanish markets.

RTL's strong performance is a sharp contrast with main competitor ProSiebenSat.1, which on Thursday reported a 17.4% drop in operating profits for the third quarter.
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