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November 7, 2019By Sara Grace

Lagardere Publishing Gains In France, Just Below Flat In US and UK

November 7, 2019By Sara Grace

Lagardere reported third quarter results November 7, with book publishing sales of €663 million, up from €607 million. The gains included €9 million from the strengthening US dollar and €7 million from the recent Gigamic and Short Books acquisitions, but results were driven mostly by a 12.2 percent gain at the big French publishing division, which enjoyed “a sharp uptick in education” on high school curriculum reform and “robust momentum for mobile games.” At HBG USA sales were just below flat, down 0.3 percent, held back by the Nashville division and a weaker comp at Perseus, where sales of Jen […]

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Filed Under: Earnings Reports, Publishers

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