Lagardere Just Above Flat for the Quarter In a first quarter trading update, Lagardere announced that sales in their publishing division were “virtually unchanged, rising by just 0.5 percent” to 413 million euros. Hachette Book Group USA is credited with a “strong pace of growth” and the UK had “robust growth in adult and children’s fiction,” with gains in those areas eroded by drops in both the dollar and the pound against the euro. Meanwhile, in France sales fell, in part due to a “weak market in Literature,” though “illustrated books performed well,” as did book sales in Spain. Looking […]
