Results Rise at Random Random House turned in a good year, with total sales rising 6.5 percent to 1.95 billion euros, up from 1.83 billion euros a year ago, “thanks to a huge number of bestsellers and several corporate acquisitions.” Operating profits, reported by the company as EBIT, hit 182 million euros, a new record. Those acquisitions — including a majority stake in BBC Books, Multnomah, Triumph, purchases in Germany and the buyout of joint venture partners in Korea — likely accounted for about 50 million euros worth of the rise, according to breakouts in the annual report. They also […]
