'Transitioning' Folio scrapes into profit

'Transitioning' Folio scrapes into profit

Sales at The Folio Society fell by almost a quarter in the year to the end of August 2014, compared to the year before, results for the 12-month period show. However the company made a small profit, after losing nearly £3m the previous year.

In accounts filed on Companies House this week, The Folio Society, which specialises in the high quality production of physical books, revealed its turnover was £14.8m in the year to 31st August 2014, down from £19.3m for the same period the year before - a decrease of 23.5%.

However the company generated a profit before tax of £15,053, up considerabl...

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