The Bonnier Group released full year 2019 earnings in late February, with Bonnier Books reporting sales of SEK 5.77 billion ($611 million), up from SEK 5.52 billion ($634 million) in 2018. Operating profit (EBITA) improved more, increasing to SEK 250 million from SEK 148 million last year, despite “investments in growth and a declining market for physical book retail in the Nordic countries.” Bonnier Books in Germany had its best results in ten years, and in the UK, the company reported “increased sales and a positive result, following changes that were initiated in 2018,” apparently making good on Bonnier Books […]
