Continued growth and satisfactory result

Egmont saw revenue growth of 11% in 2022, while earnings were impacted by rising costs and a long-lasting dispute with TV distributors.

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2022 was a year of successful content and strong productions across the different businesses. Egmont’s revenue increased by EUR 230m to EUR 2.3bn. 

“We stepped up investment in content and put out a number of financial and creative successes – thanks to the dedicated work of our employees,” says Egmont’s CEO, Steffen Kragh.

Earnings before tax amounted to EUR 67m against EUR 168m in 2021. There were three reasons for this, making 2022 a challenging year: soaring costs for the likes of energy, paper and printing; the loss of Premier League rights at TV 2 and protracted negotiations with two Norwegian TV distributors, which resulted in eight months of blackout in part of the Norwegian market; and a decline in demand in e-commerce in the wake of pandemic tailwind the previous years.

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tv2 studievært

TV 2 saw growth online and on the streaming service TV 2 Play.

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Navik

Nordisk Film had all-time-high revenue and solid performance.

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Story House Egmont NO

Story House Egmont delivered earnings at pre-Covid levels.

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Books 2022

Cappelen Damm and Lindhardt og Ringhof are leading book publishers.

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EUR 2,303m

Revenue

EUR 67m

Earnings before tax (EBT)

+6,000

Employees

We give back

We give back

Egmont is a commercial foundation with a dual purpose: to develop modern media and to help children and young people at risk. Egmont donated EUR 13m to charitable activities in Denmark, Norway and Sweden during the year. This included support for children, young people and families fleeing to Scandinavia from the war in Ukraine.

Our charitable activities

More news from Egmont

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