Bertelsmann Posts Record Full-Year Profit Despite Flat Revenue
German media giant Bertelsmann booked record profits for 2023, recording a 25 percent jump in group profits to €1.3 billion ($1.43 billion), the company reported on Tuesday. Operating revenue was flat at €20.2 billion ($22.2 billion), just short of the record figure recorded by the company in 2022. Bertelsmann’s one-off sale of its shares in […]
German media giant Bertelsmann booked record profits for 2023, recording a 25 percent jump in group profits to €1.3 billion ($1.43 billion), the company reported on Tuesday. Operating revenue was flat at €20.2 billion ($22.2 billion), just short of the record figure recorded by the company in 2022. Bertelsmann’s one-off sale of its shares in […]
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