Fri, 25/07/2014 - 09:50
Pearson has given a "competitive performance" in the last six months, but the impact of US and UK curriculum changes on business was "greater than expected", the company has said.
In the half year from February to July 2014, sales at the academic and educational publisher rose 2% to £2bn, primarily due...
Thu, 24/07/2014 - 15:25
Global profits at Scholastic Corp increased 31% to $107m (£62.9m) during the 2014 financial year, reflecting strong book club numbers, revamped marketing strategies and demand for the company’s summer reading programmes.
Sales for the 12 months to the end of May 2014 totalled $1.82bn (£1.07bn), 2% higher...
Mon, 14/07/2014 - 08:40
It has been a pretty decent year on the shop floor and in publishing boardrooms thus far in 2014. As we reveal in greater detail in our Review of the Half Year, the physical market for the first half of 2014 fell 2.4% to £526m through Nielsen BookScan. A decline, yes, but the shallowest one in the first half of a year since the market...
Thu, 10/07/2014 - 09:50
Bloomsbury has put seen a 9% drop in revenue over the three months to 31st May 2014, which chief executive Nigel Newton explained as "a quiet quarter".
Total revenues at the publisher were down 9% compared to the same period in 2013, when they had been up 19% on the year before. In an interim management statement, the...
Mon, 23/06/2014 - 09:10
Fifty Shades author E L James made £33m before tax in the year to the end of September 2013, more than three times what she made the year before.
Accounts filed with Companies House show that Fifty Shades Ltd had a turnover of £43,910,466 in the 12 months to 30th September 2013, with a profit before taxation of £33,...
Tue, 17/06/2014 - 16:22
Wiley is positioned to “become a solutions leader in professional learning and development”, its president has said, while revealing print sales were down to 29% of revenue in the last year.
The academic publisher has released its financial results for 2014, with revenue from print books down but sales of digital books...
Tue, 17/06/2014 - 08:50
The Works has seen a 7% boost in sales following unprecedented growth in its e-commerce arm.
The chain retailer, which stocks books as half of its product range, saw a 90% increase in online sales over the course of a year, bringing the company’s overall sales to £141m, up 7% like-for-like.
The company has also...
Wed, 11/06/2014 - 09:40
WH Smith has said its sale trends are continuing to improve as it reported like-for-like sales down 2% over the last quarter.
The chain bookseller said for the 14 weeks to 7th June 2014, total sales were up in its Travel arm by 4%, but like-for-like sales were flat in comparison to the same period last year.
High Street sales...
Wed, 21/05/2014 - 10:05
Canongate has recorded a second year of turnover and profit growth.
The publisher saw a turnover of £10.4m in 2013, up 8.3% from 2012, while profits before tax were up 21% to £1.2m. It is further recovery from the operating loss Canongate sustained in 2011 in the wake of issues surrounding the autobiography from Wikileaks...
Tue, 20/05/2014 - 09:50
Bloomsbury has seen a growth in revenue and profits in the past year, with the publisher's adult division marked out by chief executive Nigel Newton for its "spectacular year".
For the year ended 28th February 2014, the publisher has revenue of £109.5m, up 11% from £98.5m in the previous year. Profit before...