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RTL Group reports record EUR 6.03 bln revenue for 2015

2016-03-10 21:14:00| Telecompaper Headlines

(Telecompaper) European entertainment network RTL Group has reported record revenue of EUR 6.03 billion for 2015, up 3.8 percent from EUR 5.81 billion in 2014, driven by increasing revenue at Mediengruppe RTL Deutschland, growing digital revenue and favourable exchange rate effects. Group revenue is well diversified with 53.7 percent from broadcast advertising (TV and radio), 22 percent from content, 8.4 percent from digital activities, 4.1 percent from platform revenue (EUR 248 million) and 11.8 percent other revenue. Reported EBITA reached a record EUR 1.17 billion in 2015, up 2 percent from EUR 1.14 billion in 2014, mainly driven by a significantly higher EBITA contribution from Germany.

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New Zealand cuts rates to a record low

2016-03-10 02:22:19| BBC News | Business | UK Edition

The Reserve Bank of New Zealand cuts its benchmark interest rate for the fifth time since June last year to a record low of 2.25%

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BMW shares fall despite record profits

2016-03-09 17:50:32| BBC News | Business | UK Edition

BMW reported a record 6.3bn (4.8bn) profit in 2015 but shares fell over a new dividend plan.

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Lookers expects record new UK car sales in 2016

2016-03-09 13:56:18| Auto Dealers - Topix.net

One of Britain's biggest car dealership firms Lookers expects new car sales to rise by about 5 percent this year to an all-time high, its chief executive told Reuters. New car registrations hit 2.63 million last year, boosted by rising consumer confidence and cheap finance packages, but industry body the Society of Motor Manufacturers and Traders has said it expects 2016 sales to remain roughly flat.

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Palo Verde nuke plant sets power output record

2016-03-09 01:31:27| Energy - Topix.net

The Palo Verde Nuclear Generating Station west of Phoenix broke its own output record last year and for the 24th time was the highest-producing power plant in the nation. The triple-reactor plant operated by Arizona Public Service Co.

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