Lagardere’s publishing unit reported another sales increase for their fiscal third quarter, up 4.5 percent at 684.6 million euros, even though the period is compared against the beginning of the big Stephenie Meyer breakout in July 2008. The company also had to contend with a weakened dollar and a still-weak pound, yet at HBG US, “the pace of sales growth remained very strong through the summer at over 15 percent despite a tough comparative.” Looking forward the company does concede that publishing “faces a particularly challenging fourth-quarter comparative, as the success of the Stephenie Meyer saga drove like-for-like sales growth […]
