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August 13, 2013By Michael Cader

Even with Big Hits, Mondadori Slides In First Half

August 13, 2013By Michael Cader

Earlier in August, Italy’s Mondadori Group reported results for the first half of the year. “There was a slowdown in the trade books market” that pushed Mondadori’s total book sales down 7.3 percent to €134 million, with EBITDA of €10.3 million (down almost 20 percent). Among their publishing lines, however, sales rose 2.6 percent at Edizioni Mondadori (thanks to 700,000 copies in print of Dan Brown’s INFERNO), and 8.2 percent at Piemme (thanks to Khaled Hosseini’s AND THE MOUNTAINS ECHOED.) The company says it maintained its market share, still leading the trade with 26 percent of all trade revenues. (They […]

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Filed Under: Earnings Reports, International News, Publishers

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