Wednesday, September 18, 2019
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Bertelsmann Posts First-Half Loss

GÜTERSLOH: Bertelsmann, the parent company of the RTL Group, has released its first-half results, with revenues down 7 percent to 7.2 billion and a net loss of 333 million euros. The European media behemoth noted that the loss—as compared with a 372 million euros profit last year—stemmed from several one-time costs. The company’s operating EBIT fell …

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