Alma hits £1m in turnover

Alma hits £1m in turnover

Alma Books has hit a milestone of £1m in annual turnover.

The independent publisher, founded in 2005, saw sales increase 28.8% to around £1m in the year to the end of December 2014. 

Sales were boosted by two prominent film tie-ins and the Alma adult Classics range, which is now 42% of the business, while Alma Books generated 58% of sales. E-books by contrast are a relatively small part of Alma’s business and account for 6.5% of total sales. Net profit was around 17.25%.

Alessandro Gallenzi, co-founder of Alma Books, told The Bookseller: "The Evergreens series of classics has been a grea...

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