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Random House reports rise in profit for first half of 2005.
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD
Book publisher Random House, part of German media group Bertelsmann, recorded revenues of EUR799m for the first half of 2005.
Revenues declined from EUR818m in the first half of the prior year due to a euro exchange rate unfavorable to the US dollar, the company said.
Operating profit (EBIT) for the period amounted to EUR48m, an increase from EUR31m in the first half of 2004, with the largest gains ...
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Source: HighBeam Research, Random House reports rise in profit for first half of 2005.