Kogan Page optimistic despite loss

<p>Independent publisher Kogan Page is "bullish" about its progress, despite recording &#163;312,000 in group operating losses for the year to 30th June 2004, compared to a &#163;250,000 profit the previous year.</p><p>Group turnover tumbled nearly a third to &#163;5.8m from &#163;8.5m, while gross profit fell by 41% to &#163;1.9m.</p><p>The decline followed the first phase of Kogan Page's three-year restructuring programme after the collapse of its US distributor, LPC, in 2002. It closed the Global Market Briefings list, and disposed of its Earthscan imprint to James&amp;James and its high...

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