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RTL revenues fall over 28% in Q2, sees ad market decline slowing in Q3

2020-08-13 11:24:00| Telecompaper Headlines

(Telecompaper) European broadcaster RTL Group reported a sharp fall in second-quarter revenues, hurt by the slowdown in the advertising market during the coronavirus outbreak. Sales fell 28.3 percent year-on-year to EUR 1.186 billion. The company said it was able to offset around half the sales decline with lower costs. 

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