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February 4, 2021By Sara Grace

Welbeck Reports First Financial Results

February 4, 2021By Sara Grace

Welbeck Publishing Group reported financial results for the first time since its launch, following operations since the acquisition of Carlton Books and Andre Deutsch on April 1, 2019. For nine months of operations, they recorded sales of £13 million and operating profit of £1.3 million, which they call “solid… despite the vagaries of the pandemic.” The company reports, “The illustrated business continued its historical robustness, and the combined business delivered a well-balanced result for the year.” Executive directors Mark Smith and Marcus Leaver commented: “We have seen a successful integration of Carlton Books into WPG and we’re both pleased with […]

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Filed Under: Earnings Reports, Publishers

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