Revenues Flat at RH As Profits Rise Bertelsmann reported fiscal 2004 full-year results, and the brief divisional report for Random House shows revenues remaining basically flat in Euros, at 1.8 billion (which converts to $2.41 billion at today’s rates), in what the company calls “a sluggish book industry economy internationally.” The company’s reported profit measure now is operating EBIT, which rose to 140 million euros at the book unit, from 115 million last year. (Confusingly, this is a change from their previous method of reporting EBITA. Under that measure, last year saw profit of 147 million Euros, down from 168 […]
