In particular, demand for package holidays practically disappeared. In 2020, Holida圜heck Group AG was seriously impacted by the Covid-19 pandemic and the global travel warnings and restrictions that it triggered. In the midst of the pandemic, it not only organised rapid neighbourhood assistance and strong (help) networks, but also benefited economically from a rise in demand. With over 1.7 million address-verified users, it is Germany’s leading neighbourhood network. Hubert Burda Media has held a majority stake in since 2020. Jameda, Germany’s largest doctor/patient portal, further increased its customer base and turnover in challenging economic times. The e-commerce companies Cyberport and Computeruniverse exhibited particularly strong growth in the 2020 financial year in a highly competitive market.
#Burda magazine 2019 professional#
Xing, the professional network for the modern working world, had more than 19 million members in the DACH region in 2020. Despite the generally weaker economic situation caused by the pandemic, New Work SE enjoyed stable development in 2020. In 2020, the Digital Brands division achieved turnover of €1.542 billion, around 56% of total turnover. The total reach of all digital offerings increased by 24% to 2.41 billion cumulated visits in 2020, the division recorded a 24% rise in unique users to 28.12 million.ĭigital Brands: digital business makes up 56% of turnover The German publishing business’s digital activities also expanded further in 2020. Burda is one of the largest media providers and print market leaders in the German food segment. In early 2021, it harnessed the brand’s food and lifestyle expertise to launch a print magazine. In the 2020 financial year, Burda acquired the German licence for the internationally renowned Gault&Millau gourmet brand. The health magazine My Life moved to an entirely payment-based model, and further key partners were found for the “Zukunftspakt Apotheke” (Pharmacy Future Pact) alliance founded by Hubert Burda Media and the pharmacists’ association Noweda. The strategic expansion of the Health division continued in 2020. To continue growing its core journalistic business, on 1 January 2021 Burda merged all German publishing activities into the BurdaVerlag publishing unit. This means that, despite the Covid-19 crisis, its turnover decreased only marginally in 2020. This division operates a number of sustainably profitable business models and generated turnover of €736 million last year.
In 2020, the National Media Brands division (Burda’s German publishing arm) published a total of 165 regular magazine titles, reaching 44.28 million people per year – this equates to 62.7% of the German population aged 14 and over. National Media Brands: publishing business in Germany We have continued to seize opportunities during the pandemic and are on course for growth once again.” At the end of 2020, the group employed almost 11,000 people.ĬEO Paul-Bernhard Kallen comments: “Despite the considerable impact of the coronavirus pandemic on the economy as a whole, we have mastered the 2020 financial year with stability and success. This is all thanks to our decentralised corporate structures and various business models. At the end of the financial year, the consolidation scope included a total of 225 companies, 142 in Germany and 83 in other countries. The group’s key sources of revenue are trading and sales turnover, commission models, advertising and B2B services. In 2020, Hubert Burda Media’s portfolio contained more than 550 products in Germany and 16 other countries. Both its turnover and its investments (€171 million) are at around the same level as the previous year. The company generated external turnover of almost €2.8 billion. The 2020 financial year has proved highly satisfactory for Hubert Burda Media.
#Burda magazine 2019 series#
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