RTL Group planned 500 job cuts. RTL Group stock gains 1.55 percent

Published on 10/09/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sky integration targets EUR 250 million in annual synergies. RTL Group stock costs EUR 29.55 on October 9, 2026 after EUR 29.10.

Key points in brief

RTL Group planned 500 job cuts by 2027 after acquiring Sky Deutschland, with annual synergies targeted at EUR 250.0 million.
First-half 2026 revenue rose 3.90 percent to EUR 2.9 billion, while adjusted EBITA increased to EUR 239.0 million.
RTL Group stock was trading at EUR 29.55 at Lang & Schwarz on October 9, 2026, plus 1.55 percent versus EUR 29.10.
The primary listing is on Xetra and the stock is a member of the MDAX.

Architektur-Render eines Glasturms mit Sendeantenne bei Dämmerung am Wasser — RTL Group LU0061462528 illustriert einen gläsernen Medien-Hauptsitzturm mit Sendemast zur blauen Stunde, Illustration mit AI erstellt.

RTL Group (LU0061462528) was trading at EUR 29.55 at Lang & Schwarz on October 9, 2026, up 1.55 percent from EUR 29.10. On September 17, 2026, FinanzNachrichten reported that RTL Group planned to cut around 500 positions by the end of 2027 after the Sky Deutschland acquisition, targeting annual synergies of EUR 250 million.

Three dates shape the integration

On June 1, 2026, RTL Group closed the Sky Deutschland acquisition, a transaction management described as a major transformation for the group. The deal carries a three-year synergy target of EUR 250 million, according to the Yahoo Finance transcript dated August 11, 2026.

On August 11, 2026, RTL Group presented first-half results. Revenue grew 3.90 percent to EUR 2.9 billion, while adjusted EBITA rose from EUR 160 million to EUR 239 million, a 49.38 percent increase, according to Yahoo Finance. On September 17, 2026, the planned workforce reduction became the latest dated integration measure.

What does Sky change?

The first-half figures show the financial effect of adding Sky for one month. Group profit from continuing operations increased from EUR 6 million to EUR 61 million, while streaming revenue grew 27.00 percent in the first half of 2026, according to Yahoo Finance. Management also confirmed an adjusted EBITA target of EUR 725 million for fiscal year 2026.

That combination creates a clear operating tension: revenue is expanding through consolidation, while the planned job cuts are intended to convert the enlarged platform into recurring savings. The Sky contribution to adjusted EBITA was EUR 61 million in the first half of 2026, but the transcript cautioned that June was seasonally favorable.

Analyst view stays cautious

wallstreetONLINE reported on September 10, 2026 that Deutsche Bank Research kept RTL Group at Hold with a EUR 35.00 price target. The target lies 18.45 percent above the Lang & Schwarz price of EUR 29.55, using the same euro currency.

finanzen.net listed Bernstein Research at Market-Perform with a EUR 30.00 target on September 15, 2026, while Deutsche Bank remained at EUR 35.00 on September 10, 2026. The split leaves the cost-saving execution and streaming profitability as the central tests for the valuation.

Results date and stock context

finanzen.ch lists November 17, 2026 as the expected date for RTL Group's third-quarter results. The market capitalization was EUR 4.6 billion as of October 9, 2026, while the 52-week range was EUR 28.30 to EUR 39.00.

RTL stock trades higher in session

RTL Group stock was trading at EUR 29.55 at Lang & Schwarz on October 9, 2026 at 1:02 p.m. CEST, plus 1.55 percent versus the Lang & Schwarz prior close of EUR 29.10 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of RTL Group stock.