Hachette UK reports strongest ever year with record sales in 2020

Hachette UK reports strongest ever year with record sales in 2020

Hachette UK c.e.o. David Shelley has hailed the firm's strongest year ever with record book sales in 2020, although parent company Lagardère saw revenue fall 38% year on year.

Lagardère's annual financial report for the year ending 31st December 2020 showed Hachette UK's revenue up by 9.9% owing to the large number of bestsellers. There was also “vigorous” growth in e-books and audio, partly attributable to shop closures.

Shelley said, despite the unavailability of some Nielsen data during last year's lockdowns, the firm estimated its market share rose to 13.7% in 2020, up from 12.2% the ...

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