Lagardere Publishing reported results for the first quarter of 2017, with sales of €440 million, up €25 million from a year ago — though €18 million of that gain came from the addition of the Perseus imprints, leaving a 1.7 percent rise in the traditionally modest quarter. A “significant restocking of J.K. Rowling titles” in the UK accounted a portion of the increase as well. The good news is that both HBG USA and Hachette UK improved in the quarter, up 4.1 percent and 8.1 percent respectively; though that is muted when you remember that both divisions declined significantly in the […]
