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February 8, 2008By Michael Cader

Lunch for Friday, February 8

February 8, 2008By Michael Cader

Good Quarter in US and UK Puts Lagardere Up Nicely for Year Lagardere’s book publishing unit reported full year sales of 2.13 billion euros, putting the group well ahead of Random House in total size going by Bertelsmann’s previous full year report, up 8.6 percent overall though a more modest 4.7 percent gain on a “like-for-like” basis — reflecting the incorporation of the former Time Warner Book Group for all four quarters for the first time. Per Lagardere’s standard practice, this preliminary report only tabulates sales, not income (which will appear in the fuller report issued the middle of March). […]

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