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Tuesday 13th May

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Harper Sales Up, Earnings Even

Posted at 7:47AM Thursday 08 May 2008

Total sales at HarperCollins rose 3.8% in the third quarter ended March 31, to $302 million, while operating income held even at $29 million. HC CEO Jane Friedman said that after a few difficult quarters due to tough comparisons, the children's division had a strong period with sales up 50% and profits jumping by nearly 500%. Among the titles that sold well in the quarter were Fancy Nancy, Bonjour Butterfly by Jane O'Connor, The Chronicles of Narnia: Prince Caspian and Read All About It by Laura and Jenna Bush, which Friedman predicted will sell well through the year. The U.K. and Canada also made solid contributions.

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