book2book

  booktrade.info

Search Booktrade.info:  


Saturday 5th September

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

PRH Earnings Dip in 'Transformative Year'

Posted at 12:59PM Wednesday 26 Mar 2014

Although operating EBIT fell 4.9% in the year at Penguin Random House, executives at parent company Bertelsmann had nothing but good things to say about the results from the world's largest trade publisher. Total sales at PRH were 2.66 billion euros in 2013, up from 2.14 billion euros, though Bertelsmann said that excluding the six month revenue from Penguin revenues were down. Operating EBIT fell to 309 million euros from 325 million euros in 2012, a year in which Fifty Shades led to record results at the company. EBIT includes earnings from Penguin following the July 1 completion of the merger as well as one-time write-downs associated with the deal.

PW

publishersmarketplace.com

iol.co.za

digitalbookworld.com




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

The BitLit/Shelfie Rebrand
www.adweek.com

Bitlit, an app that connects readers with e-book versions of print books they own, has renamed the company Shelfie

High Street Sales Tumble To Lowest Level Since 2008 Crisis
www.telegraph.co.uk

Sales across all retail sectors slumped in August to the lowest point since November 2008

Penguin Books To Host Brand Experiences At Boxpark Residency
www.eventmagazine.co.uk

Publisher Penguin Books is celebrating its 80th birthday by hosting its first pop-up store in London's Boxpark next week (8-13 September)

E-book Sales Fall After New Amazon Contracts
www.wsj.com

Prices rise, but revenue takes a hit

Authors Patrick Ness And John Green Raise More Than £18,000 For Refugees In Four Hours
www.telegraph.co.uk

Set up a fundraising page in an attempt to do something concrete

The Richell Prize For Emerging Writers: The Full Longlist
www.theguardian.com

Guardian Australia and Hachette Australia announce the 21 writers in the running for inaugural $10,000 books prize, chosen from more than 900 entries

Account Sign-In

Most Popular Stories

  1. Award Winning Publisher Moves To Bristol
  2. E-book Sales Fall After New Amazon Contracts
  3. Richard And Judy Book Club Autumn 2015 Titles Announced
  4. How The Tiny Graywolf Press Became A Big Player In Book Publishing
  5. Authors Patrick Ness And John Green Raise More Than £18,000 For Refugees In Four Hours
  6. Former Book Depository CTO prepares to launch new global bookselling site
  7. How 'A Little Life' Became A Sleeper Hit
  8. The Richell Prize For Emerging Writers: The Full Longlist
  9. JK Rowling announces Harry Potter's son is starting at Hogwarts
  10. Young And Quirky YouTube Stars Lift Traditional Book Publishers