Operating profit after result from associates
Story House Egmont has businesses in three areas: media, e-commerce and agencies.
Revenue was stable in 2022, and Story House Egmont delivered earnings at pre-Covid levels. Earnings in both media and e-commerce surged in both 2020 and 2021 following pandemic tailwind.
Story House Egmont has magazines and digital media in the Nordic region, Northern and Eastern Europe and some international markets.Media reported strong earnings despite soaring prices for paper and printing.
Story House Egmont’s portfolio of seven Nordic performance marketing, B2B/inbound marketing and full-service digital agencies continued previous years’ progress and all delivered strong earnings.
Story House Egmont’s portfolio of nine e-commerce companies focus on five strategic niches: outdoor, parenting, home & interior, health & beauty and hobby. Danish company AndLight was added to the portfolio during the year. Several companies in the e-commerce portfolio have been hit by weaker demand in the wake of waning consumer confidence, and by rising costs for the likes of transport and marketing.