PRH revenues rise as Bertelsmann posts record results

PRH revenues rise as Bertelsmann posts record results

Penguin Random House has shown double digit organic growth in the first half of 2021 while parent company Bertelsmann has achieved record results with revenues of €8.7bn (£7.5bn), “significantly” above prior-year and pre-Covid levels. 

PRH’s global revenues rose in the period from 1st January to 30th June 2021 to €1.8bn (£1.5bn) compared to €1.6bn (£1.3bn) in the same period last year. Operating EBITDA increased in the same period from €209m (£179m) to €324m (£277m). UK figures were not broken out.

The publishing group was singled out as one of Bertelsmann’s top performing subsidiaries. T...

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