Redmayne targets growth for HC

Redmayne targets growth for HC

HarperCollins UK saw its sales fall in its past financial year, but profits improved, with c.e.o. Charlie Redmayne determined to grow the business again, with its structure capable of supporting a business 50% bigger than its current turnover.

In the year to 30th June 2016, the publisher recorded sales of £184m, down from £186m in the previous year. But operating profit rose from £13m to £15.3m—the third year of improved profit under Redmayne’s stewardship. He told The Bookseller he was pleased with the publishing generally during the period, but that he had been focusing on profitability:...

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