Catching up a little, Bonnier Group announced their 2018 results in February, with net sales of SEK 26.4 billion for the year ($2.85 billion), up from SEK 25.7 billion in 2017. EBITA grew to SEK 824 million ($89 million) from SEK 625 million in 2017, reversing two years of declines but still not rising to 2015 levels, when EBITA was SEK 1 billion. “The year’s financial results for our media companies show a welcome improvement, but profitability overall is still at a very modest level,” said Bonnier Group CEO Erik Haegerstrand. Their book publishing lines grew in sales and started […]
