• RELATED STORIES

• Wiley announces 'Digital Classroom'

  John Wiley has launched sub...

• HarperCollins turnover up but profits drop

  HarperCollins saw a rise in...

• Profits fall at Gardners

    Book wholesaler ...

• Sainsbury's grows own brand book sales by 33%

  Sainsbury’s has grown...

• BitTorrent sharer ordered to pay John Wiley $7,000

  A New York federal court ha...

Blackwell adds to Wiley sales

21.06.07 |

John Wiley & Sons saw its fourth quarter profit drop slightly, but sales were up thanks to its acquisition of Blackwell Publishing in February, Business Week writes. For the quarter to 30th April, Wiley posted earnings of $14.3m, down 1% from $14.5m in the same period a year ago. Revenue shot up 46% to $390.2m from $266.6m a year ago. If revenue from Blackwell Publishing is excluded, sales were up 7% to $284.4m.

The Blackwell acquisition "exceeded [Wiley's financial projections] for the quarter and the integration is 'progressing according to plan'", according to Business Week.

• Blackwell Publishing
• financial results
• John Wiley