AXEL SPRINGER – 07/05/2019
Axel Springer recorded further strong growth in its digital offerings in the first quarter of 2019. Their revenues grew organically by 8.9 percent compared to the prior-year quarter. Digital activities increased their share of reported group revenues to 73.8 percent. They also generated 86.6 percent of the adjusted Group EBITDA. Group revenues and adjusted Group EBITDA increased after adjustment for consolidation and currency effects. As expected, the reported key figures were influenced by significant consolidation effects.
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