History Press slashed losses in 2013

History Press slashed losses in 2013

The History Press dramatically slashed its losses in 2013, helped by a trade boost in the US and the sale of its German business.

The local and military history publisher reported an operating loss of £26,000 in the year to 31st December 2013, up from an operating loss of £892,000 in 2012. At the same time, group turnover increased marginally from £11.55m to £11.6m.

Stuart Biles, vice chairman of the History Press, said the publisher had substantially restructured its balance sheet and improved trading in 2013, particularly in the US.  Biles said: “The UK market continued to be challengin...

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