Atlantic loses £1.8m in "dreadful" 2010

Written By: Benedicte Page Publication Date: Tue, 11/10/2011 - 14:53 Atlantic Books made a loss of £1.8m on turnover of £6.9m in 2010, the company has confirmed. But chief executive Toby Mundy said the publisher was likely to grow 15% on 2010's figures this year and had also reduced its costs by 15%. Mundy said the 2010 losses came about after Atlantic increased its overheads to push ambitious growth plans, including with the launch of its Corvus imprint, while the economy flatlined. The company's 2010 turnover was flat year-on-year, at £23,773 below its 2009 total. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-10-11 00:00:00 UTC ]
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