Bertelsmann Education Group’s Post

We're thrilled to announce that the Bertelsmann Education Group has achieved remarkable growth in the 2023 financial year! 🚀 The Bertelsmann Education Group increased both their revenue and operating EBITDA adj. in the 2023 financial year, fueled primarily by strong organic growth across all operating units, improved cost efficiency, and portfolio effects from the full consolidation of Brazilian education provider Afya in May 2022. These are the key highlights: - Revenue: €876 million, a 40.9% increase vs. PY (8.7% organic growth) - Operating EBITDA adj.: €283 million, a 47.6% increase vs. PY - EBITDA Margin: 32.3%, up from 30.8% in 2022

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Bertelsmann once again surpasses the 20 billion euro mark! 💪 Despite challenges in the market and a strategic share sale, our success remains at record levels. Thomas Rabe, CEO of Bertelsmann, emphasizes the outstanding fiscal year 2023 with a group profit of over 1.3 billion euros. With a diverse portfolio and targeted investments, we secure our position at the top.

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