Edel (EDL)

Business description

Edel AG is one of Europe’s leading independent media groups. It is both a publisher and a producer. Edel offers the music, film and book industry a unique full-service model, covering marketing and production as well as the distribution of audio content, video content and books.

Latest research

Booking record growth

Update | Media | 12/02/2018

Making records

Update | Media | 13/07/2017

All-round entertainer

Initiation | Media | 23/05/2017

AKTUELLE VERÖFFENTLICHUNGEN

Edel

Buchungssatzzuwachs

12/02/2018
Edel

Schallplatten sorgen für gute Zahlen

13/07/2017
Edel

Umfassendes Unterhaltungsangebot

23/05/2017

Investment summary

Edel’s results to September 2017 were comfortably ahead of earlier guidance, revised post year-end. Revenues were boosted by good demand at Optimal Media, particularly for vinyl records, increased music streaming and by a good performance in cookery and health-related books. The capital investment programme is boosting market positioning while the earlier refinancing has reduced the interest burden. The group is majority family-owned with limited market liquidity, which partly explains the modest rating. The shares trade at a discount to global entertainment content and publishing companies, and carry an attractive yield.

Last updated on 12/02/2018

Key management

Timo Steinberg, CFO/COO

Company address

Neumeuhlen 17
Hamburg
22763
Germany
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