this Planetary Group recorded last year a billing 1700 million euros in total13% increase over the previous year and305 million operating profit, with an increase at the same rate as sales. company, which reduced debt 50%, up to 250 million, According to company sources, it expects to further improve its results this year and reach or approach nearly 1,800 million in 2019.
The weight of the audio-visual work, Reached 49% of total sales from A3 Media to cinematographic distribution; Hepublishing branch, 26%, education, 21% to 22%, and other activities, 3% to 4%.
With a firmer foundation and a debt that reached operating results not once but 0.8 times, the group also launched other businesses such as audiobooks. sound, covered by A3 Media; and La Casa del Libro expanded its network to five organizations last year and five next year. This brand, which will celebrate its first year in 2023, has 53 stores in total.
leaving Italy
According to the group, leaving the job Italy, with an annual turnover of about 5 million, did not have much of an impact on the accounts. Planeta’s main strategy grow with your own projectsAccording to the same sources, the possibility of an acquisition in the broadcasting or television industry is not excluded, but if an opportunity arises.
company headed by JOsep Crehueras he thinks that the book industry is going through a good period despite being affected by the increase in costs. In themselves, thanks to the economies of scale of being a large group, they were able to cover costs without charging additional prices. However, they warn that the entire industry with much smaller publishers may not be able to do this. That’s why they’re demanding more public support.
Pandemic leading to an epidemic, severe decrease in activity, It has served the publishing industry to gain or increase the reading habit of the public, so better results are expected in 2022 than last year.