Watts Publishing sales 'on a roll'

<p>Children's publisher Watts Publishing continued its consistently strong growth in 2003, with sales rising by 12% to &#163;12.8m.</p><p>The increase included a jump in US coedition sales of 50%, compared to a soft year in 2002, while UK trade sales rose 21%. Marlene Johnson, m.d., said: "Once you get to a certain size, you're on a roll. The test is whether you generate cash. We've been one of the most highly profitable UK publishers." The company has grown its bottom line faster than its sales for 10 years in a row.</p><p>The growth last year was helped by the appointment of Paul Litherla...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.

Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now