FAQ
In which business areas is Bertelsmann active?
Bertelsmann is an international media company encompassing television (RTL Group), book publishing (Random House), magazine publishing (Gruner + Jahr) and media services (Arvato) in more than 50 countries. Bertelsmann’s claim is to inspire people around the world with first-class media and communications offerings – entertainment, information and services – and occupy leading positions in its respective markets. The foundation of Bertelsmann's success is a corporate culture based on partnership, entrepreneurial spirit, creativity, and corporate responsibility. The company strives to bring creative new ideas to market and create value.
How is the organizational structure of Bertelsmann?
Bertelsmann AG, a privately held stock corporation, is managed by its Executive Board. Dr. Thomas Rabe is the Chairman and Chief Executive Officer of Bertelsmann AG. The activities of Bertelsmann are organized in four divisions. The CEOs of the following divisions are members of the Executive Board of Bertelsmann AG. They are: Anke Schäferkordt (RTL Group), Markus Dohle (Random House), Dr. Bernd Buchholz (Gruner + Jahr), Rolf Buch (arvato) and Dr. Thomas Hesse (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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