Bertelsmann 1Q Rev EUR4.5B [MarketWatch]
RTL GRP SA UNSP/ADR (RGLXY)
NASDAQ:AMEX Investor Relations:
ingenico.com/finance/ingenico-group-at-a-glance
Company Research
Source: MarketWatch
The German media group said quarterly revenue came in at 4.5 billion euros ($4.74 billion), up 6.2% on year on a reported basis and up 5.3% organically. RTL Group and services subsidiary Arvato were the biggest contributors to growth. Bertelsmann said it is confident it will achieve its full-year targets despite a challenging environment marked by uncertainties related to the war in Ukraine and the coronavirus pandemic. "We continue to expect a revenue increase of 4% to 5% and an operating result that will remain stable at a record level, before our investments into RTL Group's streaming business," Chief Financial Officer Rolf Hellermann said. Write to Giulia Petroni at giulia.petroni@wsj.com
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