Flat sales and profit at CUP

Flat sales and profit at CUP

Cambridge University Press sales dropped very marginally to £268.8m in the year ended April 2016, according to its latest annual report (£269.1m in 2015), with growth levels falling back from a 5% revenue rise the year before.

However underlying growth on a constant currency basis was said to be 1.5%, reflecting higher growth in CUP's Education division, offset by challenging conditions in the Academic division.  

Profit before exceptional one-off costs stood at £6.5m, flat with 2015.

Chief executive Peter Philips said the reported results were "a pleasing performance when set against di...

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