Operating profit after result from associates
Employees (Lindhardt og Ringhof only)
Egmont Books comprises the Norwegian publishing house Cappelen Damm and Danish book publisher Lindhardt og Ringhof. Egmont became the sole owner of Cappelen Damm in 2021, resulting in a non-recurring gain of EUR 55m from adjustments to the value of its original holding.
Cappelen Damm owns the distribution business Sentraldistribusjon and co-owns the Norwegian streaming service Storytel AS.
Cappelen Damm released more than 2,000 new titles in 2021 and had a very good year, with revenue growth driven by a strong range and sharp growth within education.
These titles included the year’s two bestselling books in Norway: Abid Raja’s autobiography Min Skyld and Lucinda Riley’s The Missing Sister. Erlend Skjetne won the Brage Prize in the youth category for his debut novel Eit anna blikk. Cappelen Damm also published novels from the likes of Kazuo Ishiguro, J. M. Coetzee, Patrick Modiano and Lars Saabye Christensen.
Lindhardt og Ringhof posted record revenue and solid earnings, and acquired five publishers during the year, including in Denmark and Germany. Sales of print books grew by 6%.
Lindhardt og Ringhof released new books from authors such as Knud Romer, Anne-Cathrine Riebnitzsky, Mich Vraa, Alex Schulman, Karl Ove Knausgård, Amanda Gorman and Thomas Korsgaard, who was awarded the Golden Laurel.
Digital publisher SAGA acquired 24,000 new digital book rights during the year and now has more than more than 100,000 digital rights in more than 30 languages worldwide.
Lindhardt og Ringhof was also the largest supplier of digital teaching materials to primary and lower secondary schools in Denmark in 2021.