Pearson sees operating profit decline

Pearson has announced a decline in operating profit for the first five months of the year, with a... Continue reading at 'The Bookseller'

[ The Bookseller | 2012-10-29 00:00:00 UTC ]
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BookNet Canada Sees Print Sales Decline in 2017, Backlist Accounts for 60 Percent

Two of the five top sellers in 2017 in Canada were backlist, which was up 2 percent over 2016. Print unit sales fell 4 percent, value down 3 percent. The post BookNet Canada Sees Print Sales Decline in 2017, Backlist Accounts for 60 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #top sellers


Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh sales #top half


Walker's turnover and operating profit soar

Walker Books' turnover soared by more than a fifth last year, up from £59m in 2015 to £72m in 2016, due to “growth in overseas markets”. Continue reading at The Bookseller

[ The Bookseller | 2017-10-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #walker books #overseas markets


Publishers are seeing another big decline in reach on Facebook

A publisher's Medium post lamenting declining Facebook reach sparked agreement and concern from a wide range of publishers. The post Publishers are seeing another big decline in reach on Facebook appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post publishers #facebook appeared #wide range


Pearson boss sees pay boost despite firm's struggles

The publisher's boss sees his pay package rise 20% in 2016 despite a difficult year for the firm. Continue reading at BBC News

[ BBC News | 2017-03-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #difficult year


Elsevier profits up 3% despite 'steeper' print declines

Elsevier marginally increased its sales and profits in 2016, in spite of what it described as "steeper declines" for print books sales than in recent years, "reflecting market conditions". Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson chief #students enrolling #profits warnings #john fallon #educational publishers


Pearson profit warnings wipe almost £2bn off its value

Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #pearson chief #stock market #profits warnings #redundancy fears


Pearson shares fall 30% on profits and dividend warning

The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News

[ BBC News | 2017-01-18 00:00:00 UTC ]
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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #group revenues #organic growth #operating ebitda #group profit


Pearson to cut 4,000 jobs after second profit warning in three months

World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian

[ The Guardian | 2016-01-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warning #cost savings


Pearson shares slide after profits warning

Education publisher, which is in the process of selling off the Financial Times, blames ‘challenging’ market as it suffers biggest share price fall since 1987Pearson suffered its biggest share slump in decades on Wednesday as the education publisher’s stock price crashed almost 16% after issuing... Continue reading at The Guardian

[ The Guardian | 2015-10-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education publisher


Cosmopolitan and Men's Health publisher sees profits fall by more than 30%

Hearst UK reports fall in pre-tax profits from £12.7m to £8.7mHearst UK, the publisher of titles including Men’s Health, Esquire and Cosmopolitan, saw pre-tax profits fall by more than 30% last year.Hearst UK reported a 31.5% fall in pre-tax profits from £12.7m to £8.7m in 2014. Continue reading... Continue reading at The Guardian

[ The Guardian | 2015-10-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pre-tax profits #5% fall


Haynes sees profits tumble

Haynes Publishing Group saw an 11% revenue drop for the 12 months to end May 2015 at £26.1m, down from £29.3m the year before. Adjusted EBITDA at the car manuals publisher was down 20% to £8.7m (£10.9m in the year to end May 2014) while operating profit fell 35.5% to to £3.1m (from... Continue reading at The Bookseller

[ The Bookseller | 2015-09-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #adjusted ebitda #profit warning


PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating profit


Pearson appoints new c.f.o. as 2014 profits fall

Pearson has appointed a new chief financial officer (c.f.o.) after reporting a sales drop of 4% in 2014. The company has appointed Coram Williams to the role of c.f.o. from Penguin Random House, where he is currently holding the same title. He will start in the job on the 1st August, replacing... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales drop #1st august


Hearst UK sees pre-tax profits fall by more than a quarter

Average print and digital circulation of magazine publisher behind Cosmopolitan, Mens Health and Esquire down by 8.4% Continue reading... Continue reading at The Guardian

[ The Guardian | 2014-10-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital circulation #magazine publisher #mens health


Eason sees 2013 profit drop

Profits at Irish-owned book and stationery retailer Eason & Son dropped 11.5% (€300,000... Continue reading at The Bookseller

[ The Bookseller | 2014-08-22 00:00:00 UTC ]
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Pearson Cutting 4,000 Jobs as First-Half Sales Decline

Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline