Turnover soars at Carlton Books' parent

Turnover soars at Carlton Books' parent

Turnover at Jonathan Goodman Publishing, parent company of Carlton Books and Andre Deutsch, soared last year according to accounts filed on Companies House.

Turnover rose by 13% last year to £16m for the year ending 31st December 2016 while operating profit was up 204% to £1.6m.

The company showed an operating profit of 10% on turnover, an increase on the previous year and a gross profit of £6.2m, up 23% on 2015.

The publishing group attributed the rise in operating profit to the increase in group turnover, as well as an improved gross margin of 3%. It continues to tightly control its ov...

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