Klett Group companies acquitted themselves well in their markets in 2014. Compared to the previous year, revenues for the Klett Group rose by € 10 million to € 459.9 million (2013: € 449.9 million). Profit before taxes increased by € 3.2 million to € 16.3 million for the fiscal year 2014 (2013: € 13.1 million).
Revenues of the individual business units 2014
Gains in market share, internationalisation and expansion of on-site learning and further education institutions
The educational publishers of the Klett Group have held up well in competitive markets and gained market share, both in Germany and abroad. “Teachers appreciate that we provide them with the suitable content for successful lessons, whether in print or digital form. Because: it’s the content that counts,” stated Philipp Haußmann, spokesperson of the Management Board, Ernst Klett AG. With the acquisition of educational publishers Profil in Croatia and Novi Logos in Serbia at the beginning of 2015, Klett has further strengthened its position in the Southeast European education markets.
In the successful business unit of specialist distance learning schools, the Klett Group is positioning itself internationally. With the internationalisation of the Wilhelm Büchner Hochschule, Klett has taken a step into the foreign continued education market. In the future, the higher education institution will also target its English-language courses towards foreign students.
With the acquisition of Best Sabel GmbH at the beginning of 2015, Klett has expanded its on-site learning institutions in Berlin, adding further kindergartens and primary schools, as well as a secondary school and a vocational academy to its portfolio. Just a few months ago the Klett Group also acquired 50 percent of FRÖBEL International GmbH, which runs day-care centres in Australia, Turkey and Poland.
"Whether it's in the continued development of digital products or the strengthening of our expertise and capacities in the operation of day-care centres and schools, our primary goal is always to create a high-quality educational portfolio in all of our business divisions," confirms Haußmann.
Facts about the Klett Group
The Klett Group is a leading educational company in Europe with its 56 companies at 34 sites in 14 countries. The Group's portfolio encompasses everything from traditional textbooks to modern interactive learning aids; from professional literature to the classics. Moreover, the Klett Group has established itself as the leading private provider of educational and continued education services. The Group companies employ a workforce of 2,879 people and generated a turnover of € 459.9 million in 2014.