Bertelsmann reported results for the first half of the year on Tuesday morning, recording their highest profits in 19 years, with Penguin Random House as one of the “strongest earnings pillars” in the company. After dipping in the first half of 2020, sales of €1.803 billion were up 10.8 percent so far in 2021, gaining €176 million. Operating EBITDA was €324 million, up 55 percent from €209 million a year ago. The company said, “Revenues at Penguin Random House rose in all territories, most of all in the United States.” Breakdowns show territorial sales in the UK and Germany basically […]
