Ringier Axel Springer saw revenue increase 4.5% while its net profit grew by 48.4% in 2024, according to a report on WirtualneMedia.pl.
The company earned PLN666 million ($183 million) in 2024, up from PLN638 million in the same period last year. The largest sources of revenue included PLN475 million from advertising in the press and online, and PLN123 million from printed press sales.
Ringier Axel Springer Poland’s net profit was PLN40.5 million ($11 million) in 2024, an increase from PLN27.3 million in 2023.
Ringier Axel Springer was established in 2010 as a joint venture between Ringier and Axel Springer to combine their international operations in Central and Eastern Europe.
The company employs about 1,300 staff in Poland. Ringier Axel Springer’s classifieds portfolio in the country includes recruitment site NoFluffJobs.pl and real estate sites Morizon.pl and Noweinwestycje.pl, as well as horizontal Gratka.pl.
