RTL Group planned 500 job cuts. RTL Group stock sits 21.54 percent below its high of EUR 39.00

Published on 10/16/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sky integration targets EUR 250 million in annual synergies. RTL Group stock costs EUR 30.60 on October 16, 2026, 0.99 percent above Xetra close.

Sky integration and earnings date

RTL Group planned 500 job cuts with Sky on September 17, 2026.
First-half 2026 revenue rose 3.9 percent to EUR 2.9 billion.
RTL Group stock trades at EUR 30.60 at 10:32 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.99 percent above the Xetra close of October 15, 2026.
Third-quarter results are expected on November 17, 2026.

Schwarzweiß-Aufnahme eines Regieraums mit Monitorwand und Technikern bei der Arbeit — RTL Group LU0061462528 dokumentiert schwarzweiß einen Regieraum mit Monitorwand und konzentrierten Sendetechnikern bei Nacht, Illustration mit AI erstellt.

RTL Group (ISIN LU0061462528) had planned 500 job cuts after combining its German operations with Sky, while the stock stood 21.54 percent below its 52-week high of EUR 39.00. Der Spiegel reported the plan on September 17, 2026, while RTL said the combination should generate EUR 250 million in annual synergies within three years.

Sky deal puts savings first

The restructuring is the clearest quantified test of RTL's Sky strategy. The company plans to remove duplicated structures and combine responsibilities, with most of the 500 positions expected to disappear in 2026 and the remainder by the end of 2027.

The financial logic is also visible in RTL's latest interim figures. In the first half of 2026, revenue grew 3.9 percent to EUR 2.9 billion, while adjusted EBITA increased from EUR 160 million to EUR 239 million. According to the Yahoo Finance transcript dated August 11, 2026, profit from continuing operations rose from EUR 6 million to EUR 61 million.

What does the integration mean for margins?

The answer is streaming and cost control. RTL confirmed an adjusted EBITA target of EUR 725 million for fiscal year 2026, while streaming revenue grew 27 percent in the first half of 2026. The company also expects streaming adjusted EBITA of EUR 100 million for fiscal year 2026, compared with a previous guidance range of EUR 25 million to EUR 50 million.

Three milestones explain the strategy

On June 1, 2026, RTL closed the Sky Deutschland acquisition, with the deal contributing one month to first-half results. On August 11, 2026, management presented first-half revenue of EUR 2.9 billion and adjusted EBITA of EUR 239 million. On September 17, 2026, RTL disclosed the 500 planned job cuts and the EUR 250 million annual synergy goal.

Next reporting date

The next dated corporate event cited by finanzen.ch is the third-quarter 2026 results publication scheduled for November 17, 2026. That release should show whether the integration costs and streaming gains are moving together.

Stock stays below its yearly high

RTL Group was trading at EUR 30.60 at Lang & Schwarz on October 16, 2026 at 10:32 a.m. CEST, 0.99 percent above the Xetra close of October 15, 2026 at EUR 30.30. The 52-week low was EUR 28.30 on October 8, 2026, according to the dated market report, leaving the stock 8.13 percent above that level.

The further course of trading is shown by the continuously updated real-time quote of RTL stock.