'Positive results' in 2020 for Bonnier Books UK

'Positive results' in 2020 for Bonnier Books UK

Bonnier Books—owner of Bonnier Books UK and part of Sweden's Bonnier Group—has said the UK arm achieved "positive results" in 2020, while it reported an uplift in sales overall, up from SEK 5.77bn (£500m) to SEK 6.11bn (£530m), driven mainly by its publishing business and the audio and e-book service BookBeat.

In the report, the company said the year for Bonnier Books was characterised by improved EBITA (earnings before interest, taxes and amortisation), up from SEK 250m (£21.7m) to SEK 392m (£34m), or an EBITA margin of over 12%, as the result of increased market shares, accelerated sales...

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