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'Best ever year' for S&S UK

17.12.07 Philip Jones

Simon & Schuster UK had its best year ever in 2007, according to Jack Romanos the out-going chief executive of US parent Simon & Schuster.

In his end of year letter to staff, Romanos wrote of the UK business: "Record sales and profits came from bestsellers like Linda La Plante's Clean Cut, Booker shortlist nominee Animal's People by Indra Sinha, phenomenal sales for The Secret, and two 'Richard & Judy' Children's Book Club selections: Girl, Missing and Aliens Love Underpants."

Simon & Schuster Canada continued to grow at a rapid pace; while Simon & Schuster Australia nearly doubled its sales volume and profits, and grew its market share by nearly 50%. The overall business, dominated by the US, was also set to report a "record-setting year". Romanos said: "This time we will not simply surpass our prior year performance, but we are on track to shatter by a wide margin our previous records for both sales and profits."

Carolyn Reidy and her team will officially take over the management of Simon & Schuster in the New Year.

Financial US Philip Jones Simon & Schuster Jack Romanos

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