FAQ
In which business areas is Bertelsmann active?
Bertelsmann is an international media company whose core divisions encompass television (RTL Group), book publishing (Random House), magazine publishing (Gruner + Jahr), services (Arvato), and printing (Be Printers) in some 50 countries. In 2011, the company’s businesses, with their more than 100,000 employees, generated revenues of €15.3 billion. Bertelsmann stands for a combination of creativity and entrepreneurship that empowers the creation of first-rate media, communications, and service offerings to inspire people around the world and to provide innovative solutions for customers.
How is the organizational structure of Bertelsmann?
Bertelsmann SE & Co. KGaA, a non-listed partnership limited by shares (KGaA), is managed by the General Partner (Bertelsmann Management SE) represented by its Executive Board. Thomas Rabe is the Chairman and Chief Executive Officer of the Executive Board. The board members and their respective divisions are: Judith Hartmann (Chief Financial Officer), Anke Schäferkordt (RTL Group Co-CEO), Markus Dohle (Random House) and Thomas Hesse (Corporate Development and New Businesses).
Does Bertelsmann provide relevant financial information on a regular basis?
Bertelsmann regularly provides relevant information about the company to its stakeholders. For more than 30 years, the company has been publishing an annual report with information about the course of the business and the state of the company's net assets, financial position and results from operations of the group. The publication of the annual report is regularly accompanied by an annual press conference, where the Bertelsmann Executive Board answers to journalists' questions. With the beginning of the short fiscal year 2001, the accounting method for the preparation of the consolidated financial statement was switched from the German HGB accounting to the International Financial Reporting Standards (IFRS). Since 2003, in addition to the annual report, Bertelsmann has been publishing a half-year report which complies with the standards of the IFRS and is supplemented through conference calls with investors and analysts. Furthermore, at the end of each quarter Bertelsmann publishes information about the course of business and the development of key group financial figures through press releases.
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