2025 was a solid financial year for us. In a challenging environment, our broad business and geographic footprint once again proved its worth. Group profit exceeded €1 billion for the 11th consecutive year. Our investment activity remains strong, with economic investments totaling more than €2 billion.

Considering macroeconomic expectations, Bertelsmann expects overall stable revenues and earnings for the 2026 financial year. We expect growth in revenues and earnings for our continuing operations.