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Egmont Publishing

Egmont Publishing is behind 700 magazine titles in more than 30 countries as well as e-commerce companies and digital marketing services.

Key figures 2017

Revenue: EUR 505 (529) million.
Operating profit: EUR 33 (40) million.

Egmont Publishing experienced a decrease in revenue and operating profit due to a decline in printed weekly and monthly magazines, but profitability remains strong.

The digital magazine platform Flipp demonstrated solid performance in Norway and Denmark, where Egmont Publishing expects to gain even stronger digital content positions in the coming years.

Substantial growth was generated within e-commerce and digital marketing services, but most of the revenue is not consolidated as it is generated by minority ownerships. Egmont Publishing’s portfolio of e-commerce companies comprises six Nordic companies – Jollyroom, Fjellsport, Outnorth, Bagaren och Kocken/GoShopping, Med24 and Nicehair – and in 2017 they generated a combined revenue of EUR 235m. Egmont Publishing is now majority owner of Bagaren och Kocken/GoShopping and Outnorth.

In addition, Egmont Publishing is co-owner of six Nordic companies in digital marketing services – Ingager, s360, Very Patchwork, Klintberg Niléhn, KAN and Sempro – which reported revenue growth.