Bertelsmann SE & Co. KGaA -- Moody's: Bertelsmann's EBITDA growth prospects improve in 2015 but planned de-leveraging remains critical

London, 06 May 2015 -- German-based international media company Bertelsmann SE & Co. KGaA's (Baa1 stable) operating EBITDA will likely advance in 2015 helped by restructuring initiatives undertaken in 2014 and contributions from acquisitions, says Moody's Investors Service in a report published today. While acquisitions and restructuring efforts pressured profitability and cash flows in 2014, contribution from these is expected to become more visible and improve credit metrics from 2015 onwards. The company's commitment to deleveraging remains an important driver behind Bertelsmann's current rating and outlook.

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