Increased profit for Bonnier Group 2023.
EBITA improved by SEK 437 million thanks to contributions mainly from Bonnier Books, Bonnier Fastigheter and SF Studios.
Net sales increased to SEK 22,851 million and EBITA amounted to 1,956 MSEK.
The year in brief
Bonnier News’ revenue increased thanks to the acquisition of Readly. Advertising revenue is declining, but digital readership revenue continues to grow. The result was lower than the previous year.
Bonnier Books’ foreign operations continue to be successful and the audio book service BookBeat increases paying users by 28 %. The result in 2023 significantly better than last year.
SF Studios turns the previous year’s loss into a close to zero result.
Bonnier Fastigheter, thereal-estate operations‚ increases operating profit as a result of acquired properties and increased rents. The net result for the year is burdened by negative value changes in the property portfolio of SEK 1,043 million (SEK -848) million, due to increased yield requirements in the valuation.
Bonnier Capital’s investments amount to a value of SEK 2,602 million.
Key Figures
Financial Results, Bonnier Group SEK M | 2023 | 2022 |
Net Sales | 22,851 | 22,635 |
EBITA | 1,956 | 1,519 |
EBIT | 471 | 1,036 |
Net financial results | -213 | -2,545 |
Financial results before tax | 256 | -1,509 |
Year-end financial results | 231 | -1,533 |