The 10% Standard

The major trade publishers do not appear in imminent danger of fading away. With Random House’s release of 2011 financial results late last month, the four large trade houses that report results all posted operating margins that topped 10%. Although the four companies—Lagardère Publishing (parent company of Hachette Book Group), Random House, Penguin Group, and Simon & Schuster—all use slightly different ways to measure operating earnings, the uniformity of margins was remarkably close: two companies had margins of 10.8% and two others had a 10.6% margin. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-04-06 00:00:00 UTC ]
News tagged with: #random house #report results #penguin group #simon schuster—

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