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Penguin Random House Sales Rise On Currency Boost

March 22, 2016
By Michael Cader

Bertelsmann reported 2015 sales on Tuesday morning, with headline results for Penguin Random House showing sales of €3.717 billion — up 393 million — and operating ebitda of €557 million, up €105 million. (Note that we mentioned throughout 2015 that the rising dollar alone could lift PRH’s sales by €350 million to €400 million or more, which was pretty much on target.) Traditionally most of the trade reporting you’ll read on the PRH results comes from the earnings press release, but we turn to the company’s 140-page annual report for more granular detail on the book publisher’s performance. Sales at […]

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Filed Under: Earnings Reports, Publishers

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