16.03.2007

Satisfactory profit for Egmont in 2006

Egmont recorded a 5% increase in revenue and EBITDA in 2006. Profit before tax of EUR 57 million is satisfactory in the light of significant investments and new launches.
The Egmont media group increased its revenue by 5.3% in 2006, bringing it to EUR 1,236 million. With the exception of Egmont Nordisk Film, all divisions recorded higher sales. Growth was also driven by a series of acquisitions that have strengthened Egmont’s market position. The acquisitions of the Norwegian bookstore chain Tanum, a 50% share of the music company MBO and a further 16% stake in the TV 2 Group, Norway, affected growth particularly positively. The full impact of these acquisitions will be realized in 2007.

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