Bertelsmann made a brief announcement of financial results for the first quarter, reporting overall sales of €4.3 billion ($4.67 billion), down 9 percent due to the company’s sale of their stake in Majorel. Organic growth was 3.6 percent. “Bertelsmann has gotten off to a good start in fiscal 2024, and is once again experiencing stronger growth from within,” chair and CEO Thomas Rabe said in a release. “We confirm our forecast for the current year.” At Penguin Random House—which was not among the businesses listed as the largest contributors in the quarter—top titles included Ashley Elston’s FIRST LIE WINS, which […]
