Swedish audiobook company Storytel announced results for the first quarter, reporting sales of SEK 979 million (about $107.2 million), up 3 percent from the previous year. Operating profit grew 61 percent to SEK 88 million. EBITDA was up 21 percent to SEK 163 million. “Storytel Group entered 2026 with clear momentum, supported by robust subscriber growth, continued margin expansion, and strong cash flow generation,” ceo Bodil Eriksson Torp said in a release. She continued, “We delivered a solid financial performance in the first quarter, characterized by steady organic growth and improving profitability.” Streaming segment sales were SEK 877.5 million, up […]
