State broadcaster RTP boosts operating result

Page created: Friday, 13 November 2015 8:50 GMT

Financial Results  Q3 2015  RTP

The operating result of the Portuguese national broadcaster RTP rose by 107% over the first half of the year to total €6.8 million according to the report from its General Independent Council released Thursday.

The council report detailed the “the improvement of the economic and financial results” of RTP with the aforementioned result €1.7 million better than the budgetary estimate.”

This was particularly driven by a “reduction in the operational costs” that came in some €4.6 million lower than those budgeted for through strengthening the production of internal content and the development of new means of collaboration “based on practices of transparency, cooperation and loyalty.”

Furthermore, the report found restructuring RTP debt had also enhanced its results in conjunction with a range of new practices, such as opening up the radio and television archives and better use of the group’s infrastructures.