OUP turnover edges up, despite another 'challenging' year for Education

OUP turnover edges up, despite another 'challenging' year for Education

Following a 0.9% turnover dip for the year before, Oxford University Press saw small-scale growth again in the 12 months to 31st March 2019, with turnover up 2% like-for-like at constant currency rates - although just 0.4% in actual terms - to £840.5m. C.e.o. Nigel Portwood described the 2% figure as "creditable" while noting that it was "virtually all offset by the devaluation of key emerging market currencies during the year."

OUP's trading surplus fell for the second year running, dropping 5.6% to £108.5m, “reflecting the impact of foreign currency devaluation and increased investment i...

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