30 August 2022
Brill reports strong digitally driven growth in HY 2022, full year growth expected to be lower due to economic situation and weaker sales pipeline
Highlights
• Revenue up 23.8% compared to HY 2021, including acquisitions and currency effect
• Organic revenue growth 11.9%, driven by our focus on eBook sales
• Strong sales of the Brill Book Archive, launched in Q4 2021
• Journal revenue recovering from last year’s operational problems
• Net profit includes V&R acquisition integration costs of EUR 434 thousand
• Revenue growth for full year 2022 to be lower than HY due to worldwide economic and geopolitical developments, timing of major deals and a weaker sales pipeline
• Net profit for the full year expected to be slightly below 2021 due to inflationary pressures and incidental costs