Bertelsmann Updates on Quarter, as Executive Sends New Signals In a short first quarter trading update, Bertelsmann disclosed that sales fell almost 4 percent to 4.2 billion euros, as net income turned positive again at 35 million euros. Operating EBIT, the company’s preferred measure of profits, rose 9.6 percent from the same period a year ago, to 217 million euros. Aside from losses due to currency exchange, the only other negative factor cited in the short report — which does not provide any breakouts by division — is that “revenues were also impacted by declines in sales of physical recordings […]
