Bertelsmann issued a brief first quarter performance update, with sales rising less than one percent to €3.95 billion, as group profit rose, up €42 million to €185 million. The credit goes to RTL Group’s European broadcasting and international TV production businesses, Arvato’s services businesses, and Relias’ education business (with an assist from the still-strong dollar). CEO Thomas Rabe says in the release, ” We are well on our way to making Bertelsmann a faster-growing, more digital and more international company. Our investments and the progress we have made in implementing our strategy prove this. Since January 1, we have worked in a […]
