Bonnier released their 2022 earnings, reporting sales at the Bonnier Books division of SEK 7.4 billion ($736 million), growing 13.7 percent over their record 2021 results. EBITDA was SEK 385 million, down from SEK 573 million last year, as “margins were squeezed by, among other things, rising paper prices.” Audio subscription service BookBeat grew to more than 700,000 subscribers. CEO Erik Haegerstrand said, “We can be quite satisfied with the financial results for 2022. The financial results for 2022 exemplified the advantage and security of having diversified operations, which reported relatively stable earnings overall. But our growth and earnings must […]
