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Economy

On this page you will find information about the economic development of the company.

Axel Springer AG pressed further ahead with the strategy of market leadership in its core business, internationalization and digitization in the 2007 fiscal year and generated record earnings for the fourth time in succession. The group strengthened its position as one of the most dynamic companies in the media sector, which continues to be characterized by structural challenges. Axel Springer achieved in part considerable increases in turnover in the newspapers, magazines and digital media segments as well as continually high profit increases.
 
Axel Springer increased group turnover in comparison to the previous year by 8.5 percent to 2,577.9 million Euros (PY.: 2,375.9 million Euros). Adjusted for acquisition effects, group turnover increased by 1.2 percent. Advertising revenues increased by a significant 14.6 percent compared to the previous year, sales revenues recorded growth of 1.8 percent. Pro forma online revenues rose by 38.6 percent to 221.7m Euros thereby amounting to 8.6 percent of group turnover. With a share of 20.8 percent (PY.: 16.1 percent) our international activities contributed more than a fifth of the group turnover for the first time at an annual rate.