Oxford University Press reported their results for the fiscal year ending March 2013, with sales rising 5 percent (or 4.4 percent on a like-for-like basis) and strong profits. Total sales were £759 million (up £36 million), “in spite of the difficult trading conditions.” Pre-tax profit of £116 million was up slightly, while higher taxes made the net profit a few million pounds lower. Chief executive Nigel Portwood notes, “These results compare favorably with those of our competitors, and are all the more impressive given the difficulties we faced.” PDF report