Thu, 04/11/2010 - 08:10
HarperCollins' parent company News Corp has reported operating income increasing by 8% to $1.15bn.
The results, for the three months ending 30th September, made no mention of HarperCollins' performance. News Corp's publishing business, which includes HarperCollins along with its newspaper publishing, saw operating income...
Thu, 04/03/2010 - 09:52
HarperCollins has bought the education businesses Letts, Lonsdale, and Leckie & Leckie for £10m, their parent company Huveaux has disclosed.
Huveaux said the deal represented an "opportunity to divest the business to a leading specialist with a commitment to the education sector on terms which are attractive to Huveaux...
Thu, 06/11/2008 - 07:06
Letts' parent Huveaux has lost its chairman and announced that its full-year results will fall short of expectations. John Van Kuffeler, founder and non-executive chairman, has resigned with immediate effect; Kevin Hand, senior non-executive director, has been appointed non-executive chairman as replacement. No reason was given for the...
Wed, 23/07/2008 - 08:40
Sales were flat at Huveaux's education division, which includes UK publishers Letts, Leckie & Leckie and Lonsdale, in the first half of 2008. In a trading update put out today, the publishing group said that sales in the six months to 30th June 2008 were £5.5m (2007: £5.5m), while EBITDA was also flat at £0.9m.
Mon, 03/03/2008 - 07:59
Huveaux's education division, including Letts, Leckie & Leckie and Lonsdale, was the star performer for the group that admitted to a "disappointing year" in 2007.
Revenue grew by £1.1m to £46.1m at Huveaux despite two sizable acquisitions in the previous year, and earnings before interest, tax, amortisation...
Thu, 17/01/2008 - 15:25
The 200-year-old Letts imprint is being merged with sister brand Lonsdale by parent Huveaux, which has just emerged from a failed private equity takeover.
Huveaux said the new business, to be called Letts & Lonsdale, would help boost its revision guide market share as it embarks on "aggressive" plans for growth. Letts was...
Thu, 13/12/2007 - 07:57
Letts owner Huveaux has terminated talks with private equity firm August Equity about a possible offer for the company.
Huveaux announced today (13th December) that "it has not been possible to reach agreement on a proposal which fully values the company. Therefore, offer related discussions have now been terminated with all...
Tue, 13/11/2007 - 07:49
Letts owner Huveaux announced this morning that it expects its trading EBITDA for 2007 to be in the range of £6m to £7m; analysts had previously forecast profits of more than £7.1m. The news comes the day after Huveaux revealed that it is in "detailed discussions" with August Equity about a possible offer, having...
Mon, 12/11/2007 - 11:46
Letts owner Huveaux confirmed this morning that it is in "detailed discussions" with August Equity about a possible offer. The news follows Huveaux's announcement last month that it had received "preliminary approaches" from a number of private equity houses.
In a statement, Huveaux said: "Discussions are...
Mon, 12/11/2007 - 07:01
Huveaux, the publisher of the Letts study guides, is in exclusive talks with buyout firm August Equity, reports the Telegraph.
Last month Huveaux announced it had received takeover bids from two unnamed companies. One of these, HG Capital, has retired leaving the path clear for August. John van Kuffeler, chairman of consumer loans...