'Strong sales' for Thames & Hudson in 2016

'Strong sales' for Thames & Hudson in 2016

Illustrated publisher Thames & Hudson saw a 7.4% revenue increase in the 12 months ending 31st December 2016, although post-tax profits were down by almost 30% in the same time.

According to results newly filed at Companies House, turnover for the publisher was £28.7m in 2016, up 7.8% from £26.7m the year before. While gross profit rose 10.3% to £18m, post-tax profits fell 28.6% to £1.9m from £2.6m in 2015. That year, post-tax profit saw a massive rise of 1,631% on the previous year, due in part to the huge success of colouring books in 2015.

Chief executive Rolf Grisebach was cautiously ...

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