Harlequin Q1 Sales and Profits Drop as Digital Accounts for 20.5 Percent of Sales; Bertelsmann Reports "Good Start"

by on May 9, 2012 in Earnings Reports, Publishers

Harlequin's parent company Torstar reported first quarter results Wednesday. The book publishing unit had sales of $106.6 million (CA), down by $9.4 million, excluding the impact of foreign exchange (which added another $700,000 in earnings.) EBITDA was down $1.5 million in the quarter at $21.4 million, which Torstar attributed to…

Login to read more, or join Publishers Marketplace as a member