FRANKFURT Aug 5 German publisher Axel Springer
reported an 8 percent rise in its core profit fuelled
by its digital activities which made up more than half of its
The publisher of Germany's top-selling daily "Bild" said on
Tuesday earnings before interest, tax, depreciation and
amortisation (EBITDA) rose to 147.8 million euros ($198.4
That was in line the average of 147 million euros in a poll,
commissioned by Reuters.
Axel Springer said it still expects revenue to rise in a
mid-single digit percentage range this year. EBITDA is expected
to increase by a low-double digit percentage.
($1 = 0.7451 Euros)
(Reporting by Harro ten Wolde)