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Egmont Books

Egmont Books comprises the part-owned Norwegian publishing house Cappelen Damm, and the Danish publisher Lindhardt og Ringhof. Both publish print books, audiobooks, e-books, and educational material. 

Key figures 2018

Revenue when including Egmont’s share of Cappelen Damm: EUR 131 (132) million.
Revenue: EUR 52 (48) million.
Operating profit: EUR 2 (5) million.
Revenue exclusive of Cappelen Damm, which is not included in the consolidated accounts due to the international accounting standards (IFRS).

Lindhardt og Ringhof released around 600 new book titles in 2018 and now has more than 40,000 digital titles. The company saw growth in both revenue and earnings and was behind a number of the year’s most noteworthy books from the likes of Merete Pryds Helle, Knud Romer, Mich Vraa and Thomas Korsgaard, as well as the Danish version of the year’s biggest international memoir, Michelle Obama’s Becoming.

SAGA, under Lindhardt og Ringhof, is Denmark’s largest digital publisher by far and is continuing to expand internationally into countries such as Norway, Sweden, Finland, Germany, the Netherlands, Spain, Portugal, and Poland.

Earnings at Norway’s largest publisher, Cappelen Damm, were hit by a decline in the Norwegian book market, pressure on physical booksellers, and an upcoming school reform that had a negative impact on the company’s education activities.