Bertelsmann briefly announced results a third quarter sales update, with revenues of €4.9 billion ($4.9 billion), compared to €5.1 billion in the same quarter last year. The company expects a “moderate” increase in full-year sales with a stable operating profit and a slight decline in EBITDA, following the sale of their shares in Majorel. As usual, there are very few divisional specifics. Looking at the first nine months together, they highlight Penguin Random House’s success from early in the year, with Prince Harry’s SPARE still their top-selling title. The only third quarter releases mentioned are picture books. “Despite an overall […]
