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ARW looks forward to a strong Christmas, despite loss
While Angus & Robertson Whicoulls (ARW) has posted a $5.6-million full-year loss, managing director of the group Dave Fenlon told WBN the final figures represented ‘a good result'. The full-...
Sales drop at Borders, but ANZ sale helps bottom line
Borders has reported a slow second quarter, but its losses were offset somewhat by the revenue injection from the sale of its Australian, NZ and Singapore stores to ARW.
US slowdown worries Quarto
International illustrated publisher Quarto has seen its half-yearly revenue grow by 24% but is concerned at the slowdown in the US and the increases in Chinese print costs.
'Strong performance in Australia' for Scholastic
Scholastic Corporation, parent company of Scholastic Australia has reported a net loss of US$22.4 million (A$25.8 million) for the financial year to May. However, when the company's loss-ma...
Healthly half-yearly result for Pearson
Pearson has released interim half-yearly figures, showing sales up 14% to £1.965billion and adjusted operating profit up 38% to £124 million. Chief executive Marjorie Scardino said: '...
No slump at Amazon
Despite concerns about the economy in the US, Amazon is going strong, reporting that total revenue jumped 41% in the second quarter ended 30 June, to US$4 billion. Net income, which includes a US$53 m...
Lonely Planet profitable despite loss: BBC annual report
The BBC, which last year acquired a 75% controlling share in Lonely Planet, has released its annual report, which shows the travel publisher made a loss of £2.1 million (A$4.3 million) in the si...
Revenue slightly down at Elsevier
The chairman of Reed Elsevier Jan Hommen has hailed a ‘year of significant achievement and strategic development' for the multinational, despite revenue from Elsevier textbooks dropping £1...
Profit doubles at CUP
Unaudited results for Cambridge University Press (CUP) for the year to 30 April show the business has experienced a doubling of profit for the second year in a row. Sandra McComb, executive dire...
US publishers report a 'sluggish' half-year
Worldwide sales at the five largest trade publishers in the US inched up only 0.5% in the first half of 2008, reports PW.
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