Back to black for Canongate

Back to black for Canongate

Canongate Books returned to profit in 2015, after a poor performance led to losses a year earlier. The result comes after a restructuring of the business which saw Jenny Todd promoted to publisher, the launch of separate live events business Letters Live and a breakout year for author Matt Haig.

Todd (pictured), who joined the business 11 years ago from Penguin, told The Bookseller the result was the culmination of “a lot of hard” work across its 40-strong team and the publisher’s commitment to making the business less reliant on a few break-out titles.

The result is a reversal of fortune...

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