Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher showed a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show.

HarperCollins bought Egmont Books UK last year for an undisclosed sum and it is now run as a distinct children's division led by m.d. Cally Poplak. The magazine publishing side was not part of the deal and was retained by Egmont Publishing.

Before the sale, overall revenue at Egmont UK—which then included the books and magazine business—fell from £41.7m in 2018 to £37.9...

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