Margins Up At Wiley

Although total sales for the fiscal year ended April 30 rose only 2%, to $1.79 billion, at John Wiley, operating income increased 13%, to $280.4 million, boosting the company’s operating margin to 15.7%. Wiley said 40% of its revenue came from digital products and the company will continue to focus on publishing “must have” information. That focus led to the purchase earlier in the fiscal year of Inscape Holdings and the decision to put up for sale some consumer assets (travel, culinary, general interest, nautical, pets, crafts, Webster’s New World, and Cliff’s Notes), which had sales in fiscal 2012 of $80 million and a $6 million contribution to profit. Wiley had little updated information on the possible divestiture, with CEO Stephen Smith telling analysts only that “we are fully engaged in the process of finding a right buyer and situation for our consumer assets.” Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-06-22 00:00:00 UTC ]
News tagged with: #fiscal year #$80 million #updated information #operating margin #digital products

Other Publishing stories related to: 'Margins Up At Wiley'


Trade feels the squeeze on margins

A call by Foyles c.e.o. Sam Husain for more support on margin for high street booksellers has... Continue reading at The Bookseller

[ The Bookseller | 2013-02-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sam husain


Wiley Exchanges Trade For Development

The second quarter of fiscal 2013 proved to be a watershed period for what had been known as the professional/trade group at John Wiley & Sons. Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-12-14 00:00:00 UTC ]
More news stories like this |


Wiley results 'disappointing', plans restructure

Wiley’s sales and operating income have been hit in its second quarter due to a weak higher... Continue reading at The Bookseller

[ The Bookseller | 2012-12-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating income #quarter due


Wiley and O’Reilly Make DRM-Free E-Book Distribution Deal

O'Reilly Media has become an online distributor for technology ebooks offered by John Wiley & Sons, which includes brands such as For Dummies and Sybex. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #reilly media


Wiley to change journal licensing 'immediately'

John Wiley & Sons is changing the way it licenses journals published under its Open Access... Continue reading at The Bookseller

[ The Bookseller | 2012-08-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #open access


Google buys Wiley travel brand Frommer's

Google has bought the travel brand Frommer's from John Wiley & Son, in a move that sees... Continue reading at The Bookseller

[ The Bookseller | 2012-08-13 00:00:00 UTC ]
More news stories like this |


John Wiley to close Edinburgh facility

John Wiley is proposing to close its Edinburgh facility in June 2013, expanding its outsourcing... Continue reading at The Bookseller

[ The Bookseller | 2012-06-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john wiley


Wiley seeks piracy trial

John Wiley has filed papers in New York demanding a trial by jury of four defendants accused of... Continue reading at The Bookseller

[ The Bookseller | 2012-04-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john wiley


Earnings, Margins Rise at Random

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 at Publishers Weekly

[ Publishers Weekly | 2012-03-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print sales #company posted #operating margins #operating margin #cost cutting #negative impact #foreign exchange


Wiley to sell Frommer's as it 're-deploys resources'

Wiley is planning to sell a number of professional and trade business assets across its culinary... Continue reading at The Bookseller

[ The Bookseller | 2012-03-08 00:00:00 UTC ]
More news stories like this |


Bertrams sales and profit marginally fall

Written By: Lisa Campbell Publication Date: Thu, 20/10/2011 - 09:00 Bertrams' sales and operating profit has dropped marginally in the last year while the book wholesaler said its merger with Dawson Books will increase revenues by a third. read more Continue reading at The Bookseller

[ The Bookseller | 2011-10-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating profit #book wholesaler #dawson books #increase revenues


John Wiley reports 5% first quarter growth

Written By: Charlotte Williams Publication Date: Thu, 08/09/2011 - 15:50 John Wiley & Sons has reported revenue growth of 5% for its first quarter fiscal year 2012 results, up to $430m (£267.5m) from $408m, on the same period last year. Revenue for its professional and trade division grew... Continue reading at The Bookseller

[ The Bookseller | 2011-09-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter growth #ebook revenue


Quants explained for Wiley

Written By: Benedicte Page Publication Date: Wed, 31/08/2011 - 14:37 Wiley Europe has acquired exclusive UK and Commonwealth rights to Models.Behaving.Badly by Emanuel Derman, in a deal struck with Max Brockman of Brockman Inc. The book is about quants—the physicists working on Wall Street as... Continue reading at The Bookseller

[ The Bookseller | 2011-08-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #deal struck #wall street


Random House profits marginally down in 2010

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 14:59 The Random House Group's turnover for 2010 is understood to have been £296m, staying level with 2009. Profit was slightly down on 2009, falling from £44.3m to £42.5m, following a year of digital investment and challenges... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital investment