Harper UK filed their annual report for the fiscal year ending June 30, 2013 with Companies House. Reports from the UK miss the larger context, which is that the parent company reported results for the same period months ago in the US. What’s useful, then, is disclosure of the division’s share of the publisher’s sales. Harper had full-year sales of $1.369 billion and EBITDA of $142 million. Harper UK reported sales of £190.6 million (up £8 million), as pre-tax profit fell to £2.8 million from £8.3 million. At June 30, 2013 conversion rates, Harper UK’s sales were about $290 million. (The UK market […]
