Profile weathers pandemic year with small dip in turnover

Profile weathers pandemic year with small dip in turnover

Indie publisher Profile ended the financial year with a turnover of £12m, down just 1.5% on 2019, weathering a year that saw bookshops closed throughout multiple lockdowns.

For the year ending 31st March 2021, operating profit came in at £900,012, accounting for 7% of turnover and up on 2019's £485,210 result, which was 4%.

The press attributed the turnover dip in part to the closure of bookshops during the UK lockdowns, though sales of backlist titles by authors including Robert Greene, Julia Cameron, Ryan Holiday and Mary Beard performed well.

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