Strategy

Mondadori Group strategic positioning

An almost pure book player which contributes to 90% of Group’s margin.

The Group’s current configuration, economic performance and cash generation capacity, also demonstrated in 2023, point to a further improvement in results for 2024, even on a like-for-like basis. Mondadori Group will continue to develop its core business, focused on strengthening its presence in book publishing as well as on promotion and distribution for third-party publishers, as well as it will concurrently continue to develop its digital skills and range of products.

2024-2026 Outlook

  • Financial targets
    • Revenue: low single-digit growth in 2024 up to € 1 bn in 2026
    • Adjusted EBITDA: mid single-digit growth in 2024 and a margin stable at around 17% in 2024-2026
    • Significant cash generation capacity confirmed; Ordinary Cash Flow: no less than € 70 mn in 2024-2026
  • Dividend Policy:
    the greater between the 50% of Ordinary Cash Flow per year and the Dividend per Share of the previous year increased by 10%.