Tag: axel springer



2009 was a good year for Axel Springer

German publishing company Axel Springer had quite a good year in 2009 considering the worst economic crisis in decades. Revenues declined by 4.3 percent (€2.61 billion) and the EBITDA fell 45 percent to €333.7 million, but CEO Mathias Döpfner is still satisfied, especially when it comes to the EBITDA margin of 12.8 percent. With earnings per share at €10.19 the manageme



Axel Springer puts Turkey investment on ice

German media group Axel Springer withdrew its offer to buy 29 percent of Dogan Yayin, the media division of the Turkish company Dogan Holding, for roughly €160 million, after representatives of Dogan Yayin and the Turkish government failed to settle a tax dispute. .. Want to know more about


Axel Springer ups share in Stepstone to 87.8 percent

Axel Springer ups share in Stepstone to 87.8 percent

German media group Axel Springer has managed to increase its shareholding in Norwegian-based and LSE-listed job portal Stepstone from 52.77 percent to 87.8 percent with its special offer to shareholders to buy the 60.9 million shares not yet under Springer's control for nine Norwegian Kronen per share (about $1.60 U.S). ..


Axel Springer takes majority interest in StepStone ASA

Axel Springer takes majority interest in StepStone ASA

Germany's Axel Springer AG acquired majority interest in Oslo-based StepStone ASA, now holding 52.27 percent of the international recruitment portal's equity. The German media giant said it would extend a public takeover offer to remaining shareholders for a price of NOK 8.60 ($1.43 U.S.) per share...



Classifieds shine for Axel Springer

In the first half of 2009 (as far as Germany is concerned, probably the toughest period in the current downturn) the digital division of German media group Axel Springer put in a sterling performance, according to the financial results for the second quarter... Want to know more about