bertelsmann books strong first half ups penguin stake
Last Updated : GMT 13:26:15
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 13:26:15
Almaghrib Today, almaghrib today

Bertelsmann books strong first half, ups Penguin stake

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Bertelsmann books strong first half, ups Penguin stake

German media giant Bertelsmann confirmed its full-year targets for 2017 after a strong first half
Frankfurt am Main - Al Maghrib Today

German media and publishing group Bertelsmann confirmed its full-year objectives Thursday, reporting a strong first half crowned with a deal to increase its stake in publisher Penguin.

Bertelsmann said in a statement that its net profit reached 502 million euros ($597 million) between January and June, a 4.1-percent increase on the same period in 2016.

Operating, or underlying profit stood at 1.1 billion euros, slightly lower than last year, while revenues grew 2.1 percent to 8.1 billion euros.

Chief executive Thomas Rabe said the group had reached a deal with Britain's Pearson to expand its stake in publisher Penguin Random House, set for completion in the fourth quarter.

"Bertelsmann will possess a strategic three-quarters majority in the world's largest trade publishing group -- the best possible conditions for successfully further developing this core business," Rabe said.

Elsewhere within the group, Bertelsmann said its subsidiary RTL had increased its share of German television audiences and its digital revenues had surged over the first half.

It also hailed the global success of subsidiary Fremantle Media's TV series, American Gods.

For the full year, the group was "confident about operating performance", expecting "higher revenues, continued high operating profitability, and group profit of over a billion euros," chief financial officer Bernd Hirsch said.

Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bertelsmann books strong first half ups penguin stake bertelsmann books strong first half ups penguin stake

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bertelsmann books strong first half ups penguin stake bertelsmann books strong first half ups penguin stake

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 13:26 2018 Saturday ,01 September

Tunisian authorities and IMF reach Staff Level Agreement

GMT 18:00 2018 Wednesday ,29 August

U.N. schools open in West Bank, Gaza

GMT 05:50 2015 Saturday ,08 August

Greece orders tax fraud probe at Knossos museum

GMT 16:22 2012 Monday ,19 March

Dubai taxi buys 200 Nissan cabs

GMT 16:56 2017 Wednesday ,27 December

Hamilton apologises for criticising dress-wearing nephew

GMT 02:41 2011 Tuesday ,20 December

The Sharjah Police arrest 5 Asians with 3,500 porn CDs

GMT 18:03 2015 Wednesday ,24 June

German truck maker MAN to axe 1800 jobs

GMT 20:02 2015 Monday ,04 May

Qatar hopes to end 'kafala' system in 2015

GMT 12:51 2016 Tuesday ,02 February

New Arabic business portal for the GCC

GMT 06:05 2014 Thursday ,20 November

Feng, Park in running for LPGA's $1m bonus prize

GMT 18:03 2013 Thursday ,24 January

\'Crazy Love\' subject Linda Pugach dies

GMT 14:14 2018 Friday ,31 August

VAR in Champions League only from 2019-20 season

GMT 15:18 2017 Tuesday ,07 March

Qatar to Expand Investments in Morocco

GMT 08:35 2011 Friday ,08 July

George Wassouf donates his fee to Egypt

GMT 11:08 2012 Saturday ,04 August

Irina Shayek in sexy photo shoot

GMT 07:57 2012 Friday ,25 May

RDB’s Kuly died of brain tumour

GMT 17:34 2017 Friday ,31 March

BET13 champ speaks

GMT 14:35 2017 Friday ,10 February

International stars to meet fans in Saudi Comic Con

GMT 08:41 2018 Tuesday ,16 January

Controversial Indian film gets release date

GMT 11:33 2015 Tuesday ,13 January

Fivas launches & appoints Jean-Philippe Jallu
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube
.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday