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Egmont Publishing

Egmont Publishing is behind 700 magazine titles across more than 30 countries, as well as leading e-commerce companies and marketing services agencies.

Key figures 2018

Revenue: EUR 522 (505) million.
Operating profit: EUR 26 (33) million.

Revenue increased in 2018 thanks to the new business areas in e-commerce and marketing services, while operating earnings decreased due to a general downturn in print magazines, substantial restructuring costs, and investments in e-commerce. Profitability was strong in the Nordic region, but a number of other markets were hit by the decline in the market for print media.

Egmont Publishing has a portfolio of seven Nordic e-commerce companies – Jollyroom, Fjellsport, Outnorth, Bagaren och Kocken, Med24, Nicehair and Garnius – which saw substantial growth in 2018 and generated combined revenue of EUR 320m, the goal being EUR 500m in 2020. Egmont Publishing is now the majority shareholder in Bagaren och Kocken, Outnorth, Nicehair, and Fjellsport.

It also has six Nordic companies in marketing services – Ingager, s360, Belong, Klintberg Niléhn, KAN, and Sempro – which also posted strong revenue growth and earnings. Egmont Publishing is now the majority shareholder in Belong and Sempro.