Sales boost for EUP

Sales boost for EUP

Sales at Edinburgh University Press have increased 10% in the last year, boosted by North American trade.

The wholly owned subsidiary of the University of Edinburgh recorded sales of £2.9m in the year to 31st July 2014, up 10% year-on-year.

The majority of the sales - £2.1m - were from print and e-books, with that revenue figure up 16% year-on-year. Digital sales now make up 15% of total book revenue for the academic publisher.

Profits dropped by 17.8% year-on-year to £162,000 as the company further invests in the business.

Timothy Wright, c.e.o of EUP, said: “These results represent another good year for Edinburgh University Press in markets which continue to be challenging. We had excellent sales growth, particularly in North America through our new partnership with Oxford University Press.” He added that the company invested “heavily” in the editorial side of the business and in new open-plan premises in the City.

EUP acquired Dundee University Press in November 2013 in a bid to become “the leading academic publisher in Scotland”  and Wright said the purchase had given the business an "excellent platform in law commissioning" and the publisher should “begin to see significant progress in that area this year.”