Bertelsmann, parent to publisher Random House

Bertelsmann Profits Exceed One Billion

March 27, 2019
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Bertelsmann Accelerates Growth and Generates Over One Billion in Profits in 2018

• Revenues rise to €17.7 billion, highest since 2007
• Growth platforms generate organic revenue growth of 10 percent
• Digital revenues at nearly 50 percent
• Operating EBITDA on a comparable basis above previous year’s level
• Group profit more than €1 billion for the fourth time in a row
• Michelle Obama’s memoir “Becoming” sells nearly 10 million copies to date
• Global CRM company Majorel created; education business expanded
• Approx. €800 million invested via funds since 2012; returns of more than €400 million
• Expenditure on creative content at around €6 billion per year
• Further revenue growth and high operating profitability expected

Bertelsmann further accelerated its growth last year: Driven by the positive development of its digital businesses and creative successes such as Michelle Obama’s memoir “Becoming,” in 2018 the Group recorded its strongest organic growth in six years. Strategic milestones included the creation of Majorel, a global CRM group, and the continued expansion of the education business. The international media, services, and education company expects continued growth in the current year.

See full report here.

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