RTL Group (AUO.F) reported that its first-quarter EBIT increased to 219 million euros from 179 million euros last year. Profit to shareholders increased to 133 million euros or 0.86 euros per share from 112 million euros or 0.72 euros per share last year.
RTL Group said the higher net profit mainly reflects higher operating profit and a partial reversal of an impairment on RTL Group's shareholding in the Spanish broadcasting company Atresmedia.
Revenue increased to 1.33 billion euros from 1.32 billion euros last year. The company said this reflects slightly higher revenue at Mediengruppe RTL Deutschland and the sale of the Handball World Cup rights in January 2013 by UFA Sports.
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