Head of Zeus posts boost of 31%

Head of Zeus posts boost of 31%

The full-year results of publisher Head of Zeus show that in 2016 its revenues increased by 31%, to £7m, up from £5.4m in its previous set of results.

In the company’s fourth full year of publishing, physical and e-book sales contributed equally to its turnover and, together with rights income growth of 20%, a gross margin improvement of 2% and “good cost containment”, the business delivered a profit of £825,000. According to the company, the “key driver” of the 30% growth in e-book revenue was the launch of e-book-only list Aria and its direct to the US business, which represented 22% of ...

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