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Good Gains for Holtzbrinck

by Staff -- Publishers Weekly, 9/17/2007

Total revenue at Germany's privately held Holtzbrinck rose 7.5% in 2006, to 2.24 billion euros ($3 billion), and operating EBITDA (earnings before interest, taxes, depreciation and amortization) increased 10.0%, to 206.6 million euros ($275 million). Sales in the consumer book group—which in the U.S. includes St. Martin's; Farrar, Straus & Giroux; Henry Holt; and Audio Renaissance—rose 8.0%. In addition to its trade operations, Holtzbrinck's businesses in North America include the educational publishing group Bedford, Freeman & Worth and Scientific American magazine.

Segment 2005 2006 % Chge
Consumer Books €586.4 €633.8 8.0%
Education/Science 640.4 689.8 7.8
Newspapers/Bus.Info 917.8 965.4 5.5
Electronic Media 19.6 28.3 44.4
Intersegment (74.4) (74.1) -
Total 2,083.8 2,243.2 7.5
EBITDA 187.8 206.6 10.0

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