Operating profit after result from associates
Employees (Lindhardt og Ringhof only)
Egmont Books comprises the Danish publisher Lindhardt og Ringhof and the part-owned Norwegian publisher Cappelen Damm. Both publish printed books, audiobooks, e-books and educational materials.
Lindhardt og Ringhof delivered revenue growth and solid operating earnings while investing heavily in building up SAGA as a global digital publisher. SAGA is the leader in the Nordic region with a range of around 50,000 e-books and audiobooks, and expects to release more than 20,000 new digital titles in more than 30 languages worldwide in 2020.
Lindhardt og Ringhof was behind a number of the year’s most noteworthy new books from Danish authors such as Niels Krause-Kjær, Maren Uthaug, Michael Kretz Krefeld, Ane Riel, Steffen Jacobsen and Thomas Korsgaard, as well as international bestsellers such as Margaret Atwood’s The Testament.
Norway’s largest publishing house, Cappelen Damm, had a good publishing year with new books from authors such as Lars Saabye Christensen and Roy Jacobsen, but earnings were reduced by a write-down of bookseller chain Tanum’s stores at Oslo Airport.