million vinyls produced annually
million Euro turnover
million streams daily
Edel SE & Co. KGaA: Higher revenue and earnings forecast for fiscal 2020/21
The management of Hamburger Edel SE & Co. KGaA (WKN 564950) today analyzed financial data for the 2020/21 fiscal year ending September 30, 2021.
The consolidated net income (before minority interests) is expected to be between 5.5 and 7.5 million Euros (previous forecast 4.0 to 6.0 million Euros) and revenues between 240 and 250 million Euros …
New publishing house for sports bestsellers: Edel Verlagsgruppe founds Edel Sports
Edel Sports is the name of the new publishing house of the Edel Verlagsgruppe GmbH. From the fall of 2021, the Hamburg-based media company will bring together its publishing activities in the sports sector under this brand, which were previously part of the Edel Books imprint. With numerous SPIEGEL bestsellers, Edel has established a leading role in the sports book market in recent years; the current top title is the autobiography “Träumen lohnt sich” by national soccer player Robin Gosens. Initially, 10-12 new publications per year are planned for Edel Sports.
Stefan Weikert, publishing director of Edel Sports and Edel Books: “As far as narrative sports books are concerned, we are already the leader .in the German-language market. In our estimation, much more..
Half-year figures: Sales up and earnings significantly above previous year
The Hamburg-based media group Edel SE & Co. KGaA (WKN 564950) generated sales of 123.3 million euros in the first half of 2020/21 (October 1, 2020 – March 31, 2021), an increase of 11% compared to the same half of the previous year (111.4 million euros). Net income for the half-year rose to 4.6 million euros from 3.0 million euros (+53%) and, after deducting minority interests, to 4.2 million euros from 2.6 million euros (+62%).
The results of the interim consolidated financial statements for the first half of the financial year in detail:
EBITDA in the first half of 2020/21 was significantly up on the previous…