Delano presents the latest business news headlines from our French-language sister site, Paperjam:
RTL Group recorded a turnover of €2.978bn, over the first six months of 2017, up 3.5% compared to the first six months of 2016, and an adjusted EBITDA of €626m. The media and entertainment group posted sales growth of 3.5% for the first six months of the year and confirmed its outlook for the full year.
RTL Group has decided not to pursue the sale and leaseback transaction of its new premises in Kirchberg, pending better market conditions.
Strikes seem to have been averted at Lux Airport after a months-long conflict between officials Luxembourg’s civil aviation authority and airport operators appears to have ended in compromise. The conflict related to certification of the airfield.
Consumer confidence levels dropped in Luxembourg in August, according to Luxembourg’s Central Bank. Consumers’ outlook on the general economic situation was less rosy while unemployment fears rose, despite the unemployment rate falling.