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

Making records

Update | Media | 13/07/2017

All-round entertainer

Initiation | Media | 23/05/2017

AKTUELLE VERÖFFENTLICHUNGEN

Edel

Schallplatten sorgen für gute Zahlen

13/07/2017
Edel

Umfassendes Unterhaltungsangebot

23/05/2017

Investment summary

Edel AG’s interim results show continued progress, particularly at Optimal Media where there was ‘significant’ progress in sales and earnings, buoyed by the continued resurgence of vinyl. Only the first few weeks of the new deal with Universal Music will have been included. Kontor New Media also made good progress and has been expanding its reach, while the books offering also performed well. The record label had less positive trading, with no major break-out hits released. 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 13/07/2017

Key management

Timo Steinberg, CFO/COO

Company address

Neumeuhlen 17
Hamburg
22763
Germany
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