Hachette UK revenues fall 3% in third quarter but Shelley hails 'extremely strong' sales

Hachette UK revenues fall 3% in third quarter but Shelley hails 'extremely strong' sales

Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share.

The results were revealed in a third-quarter report by parent company Lagardère, where group revenues were up 13% on a like for like basis for the first nine months of 2021.

In the UK, exact figures were not broken out but the slight decline in quarter three was attributed by Lagardère to an unfavourable comparison with the third quarter of 2020 when bestsellers s...

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