Hubert Burda Media continues expansion
International publishing business and internet as main growth drivers
Dr. Jürgen Todenhöfer, Vice-Chairman of the Management Board of Hubert Burda Media and Board Member Publishing, Finance & Administration, as well as Dr. Paul-Bernhard Kallen, Board Member Technology & Treasury, issued the following statement about the business year 2006 at the Annual Media Day on 25 June 2007:
2006 was once again a very successful year for Hubert Burda Media. The operating performance rose by 4.3 per cent to 2.15 billion while external sales increased by 5.1 per cent to 1.6 billion. The operating result remained stable.
Since the partition of estate twenty years ago, when Dr. Hubert Burda took over sole management of the publishing houses and printing plants, the group�'s turnover has more than tripled. The major German publishing houses reported an increase of about 130 per cent over the same time period.
The considerable increase in the business year 2006 was achieved thanks to continued consolidation in the declining printing business and the slow-growing domestic magazine market as well as to the actively pursued expansion strategy for the growth markets internet and foreign magazines. With a rise of 32.4 per cent to 230.7 million, the main growth driver was once again the digital division. Foreign operations improved by 12.6 per cent to 336.1 million.
The share of digital activities and dialog marketing in external sales soared from 8.9 per cent in 2000 to 24.2 per cent in 2006. The contribution of these divisions to group turnover is expected to double to about 50 per cent within the next six years.
Hubert Burda Media is optimistic about the future. In 2007, the company has been off to a good start. Magazines continue to make a strong contribution to turnover and overall result. They are the core of Hubert Burda Media and will be a mainstay of sales in the future as well. At the same time, the company will continue its strategic investment in internet projects, dialog marketing and international publishing companies. For 2007, we expect further strong growth in group turnover and solid earnings.
Nikolaus von der Decken
Hubert Burda Media
Fon: +49 / 89 / 9250-2575
Fax: +49 / 89 / 9250-2745 email@example.com