Bertelsmann, the international media group, released the financial results for the nine-month period ended 30 September 2012, reporting a rise in Group profit for the period on higher revenues.
Group Profit fro the nine-month period ended 30 September 2012 increased to EUR 528 million from EUTR 377 million reported for the corresponding period last year, aided mainly by lower special items.
Group Revenue from continuing operations for the nine-month period increased to EUR 11.4 billion from group revenue of EUR10.8 billion reported for the same period last year.
Bertelsmann Chairman & CEO Thomas Rabe comments: "We are satisfied with our business performance during the first nine months of the year. Bertelsmann is growing organically, profitability remains high, and we are making good progress on reshaping the group. We continue to expect moderate revenue growth and a continued high Operating EBIT for the full year......"
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