Lagardere Publishing issued their brief third quarter trading update on Thursday afternoon, celebrating record third quarter sales of €811 million, up 6 percent compared to €765 million for the same period a year ago. The company reports that, “All business segments contributed to the growth effort, with General Literature enjoying very good performances in the United States and France.” The acquisition of Union Square (and 999 Games) added €15 million in the quarter, while the declining US dollar and British pound cost €19 million in negative currency effect. In the US, ceo David Shelley reports that, “HBG had a fantastic […]
