DPG Media realised sales of 1.898 billion euros (+7%) in 2021, which translated into EBITDA growth of 22% to EUR 414 million. The net current profit was 228 million (+28%).
The group also recorded an exceptional capital gain of 117 million euros, which was mainly due to the sale of the mobile telecom company Mobile Vikings. Thanks to these results, bank debts could be reduced by EUR 339 million. The net financial debt is still EUR 242 million (0.6 times EBITDA). The tax burden came to EUR 87 million.
‘An exceptional result in an exceptional time’ is how Erik Roddenhof, CEO of DPG Media, describes the past year. ‘In a year that was still largely affected by the pandemic, news and entertainment media were again very popular with readers, viewers and listeners. Our Online Services also recorded growth in a society that is digitising at an ever-increasing rate. The significant investments made in recent years in the digital transformation of our media are now paying us handsome returns. In addition, the strong recovery of the radio and television advertising markets made an important contribution to our company's results. We achieved growth in all activities, leading to an exceptional group result. This gives us confidence for the future, even though we know we are facing major challenges.’