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Axel Springer further expands its position as Europe’s leading digital publisher

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Axel Springer further expands its position as Europe’s leading digital publisher

Article ID:

20738

Group’s targets for 2016 achieved – Revenues increase organically by 4.1 percent

09.03.2017 – Axel Springer has successfully implemented its strategic and business priorities during the 2016 financial year and achieved the Group’s targets. With targeted investments in the organic growth of the digital business models and additional acquisitions, the Group has further expanded its position as Europe’s leading digital publisher. In this respect, the digital activities have further grown in importance: During the reporting year, they generated 67.4 percent of total revenues, 84.8 percent of advertising revenues and 72.5 percent of the Group’s total EBITDA. Adjusted for consolidation and currency effects, revenues from digital media increased by 10.7 percent.

Axel Springer House Berlin, main entrance (photo source: Axel Springer).

This press release, the Group Key Figures and the annual report are available in German and English at http://www.axelspringer.com/fy16.

Author

Michael Spinner-Just's picture

Michael Spinner-Just

Date

2017-03-09 13:40