Bertelsmann reported Q1 group revenues of €4.21 billion, up from €3.99 billion in the prior year’s quarter. Bertelsmann chairman and ceo Thomas Rabe said this was “one of its best first quarters in recent years” — since 2008, in fact. The company is no longer reporting EBITDA and group profit as part of the quarterly update, and as usual there were no details by division. Fuller figures will come in the half-year results. The company called out Penguin Random House’s “strong bestseller performance,” saying that Michelle Obama’s Becoming had continued to enjoy strong sales, with more than ten million copies […]
