Thu, 07/11/2013 - 09:00
Harlequin has reported a further drop in revenue and earnings in the third quarter, saying revenues had been "weaker than anticipated" through the first nine months of the year.
Torstar, the publisher's Canadian parent company,...
Fri, 04/10/2013 - 09:26
Faber has announced record results for the 12 months ending March 2013. Top-line turnover was up 14% to £19.98m (£17.5m over the previous 12-month period), and operating profit rocketing 273% to £2.24m (from £604,000).
C.e.o. Stephen Page told The Bookseller the results represented “the coming...
Wed, 02/10/2013 - 09:45
Sainsbury’s has told The Bookseller it saw “strong sales” in cookbooks in its second quarter. Save With Jamie by Jamie Oliver (Penguin, 29th August) was its top-selling print book for the 16 weeks to 28th September.
In e-books, J K Rowling’s The Casual Vacancy (Little, Brown)...
Wed, 07/08/2013 - 08:45
Illustrated publisher Quarto saw profits rise in the first half of 2013, after removing costs, with sales falling marginally.
The international group made an operating profit of $4m (£2.6m), up from $3.9m (£2.5m) in the first half of 2012, while profit before tax was $1.7m (£1.1m), rising from $1.4m (£0.9m) in...
Thu, 02/05/2013 - 09:00
Profits at Simon & Schuster have risen in the in the first quarter of 2013, despite a fall in sales.
S&S' parent company CBS did not break out details for S&S in the UK.
The publisher saw profits before depreciation and amortisation rise by 20%, growing to $12m (£7.7m) in the quarter ended 31st March 2013...
Tue, 23/04/2013 - 10:00
Quercus has announced its preliminary results for 2012, with a a fall in both profits and revenue as sales of Stieg Larsson's Millennium trilogy continue to tail off.
However, the company's report shows that non-Larsson publishing revenues increased 18% on a like for like basis over 2012, and Quercus' e-book revenues has...
Fri, 12/04/2013 - 09:24
Canongate has seen steep rises in profits and turnover for the year ended 31st December 2012, with publisher and m.d. Jamie Byng describing the upturn as “hugely rewarding”.
In 2012 the company had a turnover of more than £9.6m, a rise of £1.9m (25%) on 2011’s turnover, adjusted for the sale of its 70%...
Thu, 11/04/2013 - 10:16
Book sales at W H Smith dropped 6% like-for-like in the six months to 28th February, according to the company's latest half-yearly financial results. However its range of Kobo e-readers and accessories saw a "strong performance", the company said.
W H Smith Group profit-before-tax increased 5% to £69m, even though...
Tue, 26/03/2013 - 10:40
Random House enjoyed a record year in 2012, with worldwide sales up 23% and profits up by 76%. In the UK chief executive Gail Rebuck hailed the performance as the publisher's "most successful year of all time", citing a range of bestsellers as well as e-book sales, now up to 22% of group sales.
Parent Bertelsmann does...
Tue, 26/02/2013 - 09:30
Penguin UK c.e.o. Tom Weldon has said the publisher will be making connections with creative technology providers at Silicon Roundabout and at SXSW Festival, as well at London Book Fair and Frankfurt, as it looks to take a "360 degree" approach to its IP.
Weldon said Penguin would continue to focus on its brand in 2013,...