Mixed fortunes for Kogan Page


Independent business book publisher Kogan Page has reported a year of mixed fortunes in which sales increased by 6.5% to &#163;7.5m. Philip Kogan, managing director, said the improvement came against a background of "difficult trading conditions" in the UK.</p><p>

The legacy of problems with distributor Littlehampton Book Services two years ago continued to erode profit during the first half of the year to end-June 2000. Operating profit fell by 30% to &#163;142,813.</p><p>

A sale and leaseback deal with members of the Kogan family benefited the company by reducing borrowing substantia...

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