Struggling Bonnier Books UK announced improved sales in 2018, at £71.5 million (up 15 percent compared to 2017), and a reduced operating loss of £3.6 million. Operating EBITA was up £11m compared to 2017. “After a very weak 2017, Bonnier Books UK has made sizable progress towards its goal of sustainable profitability and looks set to be back in the black by 2019,” said Jim Zetterlund, chairman of Bonnier Books UK. But the real news is the disclosure of how much the unit lost, along with steep recapitalizations by the parent company. For 2017, the company reported a whopping operating […]
