Thu, 17/04/2014 - 12:27
A small frontlist and weak sales for its automotive manuals led to a revenue shortfall of 27% for Haynes’ UK business in the three months to the end of February, the company’s interim trading statement has shown.
Haynes Group’s total revenue was down by 7% in the three months to the end of February 2014 compared to...
Thu, 10/04/2014 - 09:40
Pearson has issued a statement saying it will only pay salaries and bonuses in excess of its normal limits in “exceptional” circumstances, following discussions with its shareholders.
Yesterday (9th April), just weeks after the company released its ...
Wed, 02/04/2014 - 09:10
Alma Books and its Classics arm achieved a 67% hike in gross profit to £280,000 in 2013.
The company made the profit on a 15% increase in turnover year-on-year to £752,000 in the 12 months to December 2013.
Following its success, Alma Books is now looking to expand into children’s titles and interested in...
Tue, 01/04/2014 - 09:20
WH Smith’s Irish stores achieved 185% increase in pre-tax profits to €1.5m (£1.24m) last year.
The Irish Examiner has seen the company’s accounts filed on Companies Office, which show that...
Thu, 27/03/2014 - 10:00
Markus Dohle believes Penguin Random House can grow at above market rates as he begins to outline a strategy for the business post-integration.
The PRH global chief executive told The Bookseller that the merged business had enjoyed a "successful" nine months following the closing of the deal between parents...
Thu, 20/03/2014 - 16:25
Scholastic's revenues fell 1.3% in the third quarter for fiscal year 2014 to $373.5m but revenues from its core book business increased 1%.
For the period ending 28th February, revenues from the children’s book publishing and distribution division totalled $190m.
Richard Robinson, chairman, c.e.o. and president,...
Thu, 13/03/2014 - 09:20
Hachette UK’s earnings before interest and taxes (EBIT) were down slightly in 2013, because of “continuing difficulties internationally and the unfavourable comparison effect with 2012”.
But c.e.o. Tim Hely Hutchinson said 2013 was an “outstanding year” for Hachette UK and that 2014 was “off to a...
Thu, 27/02/2014 - 12:02
Reed Elsevier has reported an increase in full-year profit and earnings.
The publishing company said its operating profit and earnings “grew well” in 2013, as it saw underlying revenue growth across “all major business areas.”
As a result, it has recommended a 7% increase in full year dividend for...
Wed, 26/02/2014 - 09:50
The Quarto Group has rebranded its publishing divisions, and announced what c.e.o. Marcus Leaver called a "solid performance" for 2013.
The business saw a slight dip in revenue for the year ended 31st December 2013, with a revenue of $176.3m, down 2.5% from $180.9m in 2012.
Profit before tax dropped to $5.8m, down 18...
Thu, 13/02/2014 - 09:30
Simon & Schuster increased worldwide publishing revenues by 5% year-on-year to $225m (£135m) in the fourth quarter of 2013, which the company attributed to an increase in print book sales.
Publishing OBITDA increased 19% to $37m (£22m) in the quarter ending 31st December 2013, with the growth driven by higher revenues...