Parragon Books has posted an operating profit of £19.4m in 2014 compared to a loss of £6m the year before, thanks to a company restructure earlier in the year. For the year ending the 31st March 2014, turnover fell 14% to £48m from £56m but “the overall improvement in profitability was due to a reorganisation of the group trading”, the company's accounts, filed on Company's House, said. Continue reading at 'The Bookseller'
[ The Bookseller | 2015-01-03 00:00:00 UTC ]