D&C profits from F&W

<p>The first financial results for David&amp;Charles since it was acquired by US company F&W Publishing have shown a four-fold improvement in operating profit. In the 18 months to 31st December 2001, operating profit rose to &#163;960,000 compared with &#163;264,000 made in the previous 12 months. Sales from continuing operations were &#163;28.5m. The company sold off its two subsidiary imprints--D&C Children's Books and Godsfield Press--at a loss of &#163;773,000 during the period. </p><p> Budge Wallis, m.d., said that the action had stemmed losses made by the imprints, which were &#163;24...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.


Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now