Simon & Schuster UK grows sales in first quarter

<p>Simon &amp; Schuster UK managing director Ian Chapman has said its first quarter sales grew 7.8% on the same period last year. Chapman refused to discuss specific sales and profit figures but said the results were &quot;way ahead of expectations in terms of budget&quot;. He said there was &quot;substantial&quot; year on year profit growth. He said: &quot;The question is if we can keep this up but I think we can.&quot;</p><p>Parent company CBS announced its results, for the three months to March 31st, overnight, which revealed S&amp;S&#39; global sales sales fell by 6% to $151.7m (&pound;100m) year on year. Operating income before depreciation and amortisation (Oibda) increased from $1m last year to $3.6m, excluding a $1.5m charge for restructuring. </p><p>Chapman said the publisher had greater success through mass market channels during the quarter. He said: &quot;We have always had strong relationships with Waterstone&#39;s but I think we have upped our game with WH Smith and the supermarkets.&quot;</p><p>Chapman said a strong Christmas performance extended into the first quarter and singled out titles like Sean Smith&#39;s Cheryl Cole biography, Patrick Swayze&#39;s memoir and Brian Moore&#39;s <em>Beware of the Dog</em>. Fiction titles identified by Chapman as strong performers were by the likes of Philippa Gregory, Adriana Trigiani, Lynda La Plante and Tom Rob Smith. In its children&#39;s division, Chapman said Waterstone&#39;s Children&#39;s Book Prize winner <em>The Great Hamster Massacre</em>, <em>The Thirteen Curses</em>, and <em>Dark Visions</em> were strong sellers.</p><p>Chapman added the publisher had renewed its contract to handle publishing of Weightwatchers titles.</p>