Bertelsmann presents Interim Report 2014
- arvato’s acquisition of Netrada turns it into one of the leading European providers of integrated e-commerce services.
- Arvato acquires five more service centers in Germany.
- Expansion of services businesses and successful new customer recruitment in Turkey, Poland and India.
The international services provider Arvato grew in the first half of 2014, both organically and through acquisitions, and increased its revenues in the reporting period by 5.5 percent to €2.2 billion (H1 2013: €2.1 billion). As a result of the revenue growth, operating EBITDA increased slightly to €162 million from €160 million in the same period last year; the earnings contributions of the acquisitions compensated for declines in earnings in individual businesses. During the reporting period, Arvato grew its revenues and earnings in areas including services for international customers in the Internet, high-tech, healthcare and automotive sectors. With the acquisition of Netrada, completed on February 1, 2014, Arvato became a leading European provider of e-commerce services, strengthening its position in the field of supply-chain management. The financial services business, which benefited from the takeover of Gothia Financial Group in the previous year, also contributed to Arvato’s growth. In contrast, revenues from storage media replication continued to decline, as expected. Arvato improved its position in key growth markets and industries in the first half of the year, expanding the services businesses in India, Turkey and Poland and acquiring new customers. Arvato also consolidated its leading position in the European market for customer relationship management by taking over five service centers.
For more informationen regarding Bertelsmann half-year financial statment see www.bertelsmann.de.