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Bertelsmann Posts Higher Profit, Adjusts 2026 Targets

·1 min

Bertelsmann reported a higher profit and relatively stable revenue for 2023. The German media group adjusted its 2026 targets due to recent sale agreements, which provide additional funds for investments and growth. After-tax profit for 2023 amounted to €1.33 billion ($1.44 billion), up from €1.05 billion the previous year. Revenue slightly declined to €20.17 billion from €20.245 billion in the prior year.