Four of the five large publicly held trade publishers managed to improve their operating margins in 2016 over 2015, despite generally weak revenue performances. Continue reading >> [ Source: Publishers Weekly | 2017-03-31 00:00:00 UTC ]
The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading >> [ Source: Publishers Weekly | 2017-03-28 00:00:00 UTC ]
Although worldwide sales at Random House fell 4.3% in 2011, the company posted its highest earnings and operating margins in at least five years. EBIT (earnings before interest and taxes) rose 6.9%, to 185 million euros, with an operating margin of 10.6%, a full percentage point higher than... Continue reading >> [ Source: Publishers Weekly | 2012-03-30 00:00:00 UTC ]
Since ebooks first became a meaningful part of a publisher’s business in 2009, results at Simon & Schuster have followed a familiar pattern—a decline in revenue but an increase in earnings. Between 2009 and 2011, total sales at S&S dipped 0.7%, but adjusted operating income has jumped... Continue reading >> [ Source: Publishers Weekly | 2012-02-17 00:00:00 UTC ]