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News 2006


RDF Media Group plc - full year results for the year ended 31 January 2006
23rd May, 2006

Financial Highlights

  • Group turnover up 23.4% to £59.5m (2005: £48.2m).
  • Profit before tax (before costs of flotation) up 26.2% to £5.3m (2005: £4.2m).
  • RDF Rights revenues increased by 41.3% to £15.4m (2005: £10.9m).
  • Adjusted diluted earnings per share up 60.6% to 17.5p (2005: 10.9p).
  • Proposed final dividend of 1.9p per share.
Other highlights
  • Re-orders for key programme brands: Wife Swap in the UK (Channel 4) and USA (ABC), Holiday Showdown (ITV), Location Location Location (Channel 4), Ladette to Lady (ITV), Scrapheap Challenge (Channel 4), Shipwrecked (Channel 4) How to be a Property Developer (Five) and Perfect Housewife (BBC).
  • 15 other new shows commissioned with ITV, Sky One, BBC2 and BBC3, Discovery UK, UKTV and Channel 4 during the year.
  • Four companies acquired since floating on AIM in May 2005.
  • US restructuring completed.
  • RDF Rights programme catalogue exceeds 3,000 hours for the first time.
  • RDF named Independent Production Company of the Year 2006 by Broadcast magazine.
Outlook
  • New commissions and returning brands coupled with promising growth in RDF Rights give the Board confidence in the outlook for the current year
David Frank, Chief Executive, commented:

“I am delighted that we have managed to achieve growth in revenues, operating profits and earnings per share at the same time as delivering on the commitments we made at the time of the float. We’re making more programmes in more genres for more broadcasters than ever before and we’ve established ourselves as a key international distributor of content both for RDF and other independent producers.

With continuing organic growth and the prospect of further selective acquisitions, I believe we are well positioned to take advantage of the significant opportunities in our market. We intend to be a key supplier of televisual content to all the emerging platforms, as well as the traditional broadcasters.

The level of new commissions and returning brands coupled with promising growth in RDF Rights give the Board confidence for the current year.”

For further information, please contact:

David Frank, Chief Executive
Janice Price, Finance Director
Jonathan Slow, Corporate Development Director
Alice Robertson, Head of Marketing and Publicity

RDF Media Group plc
Tel: 020 7597 5149 on 23 May 2006
Tel: 020 7013 4000 thereafter

An analyst presentation will be held today at 9.30am at Investec, 2 Gresham Street, London, EC2V 7QP. To register please call Investec on 020 7597 5149. Photographs are also available on request from Alice Robertson at RDF (020 7013 4368).

View the full RDF Media Group plc - full year results for the year ended 31 January 2006 release (PDF - 232KB).

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