Professional/Trade Rises at Wiley, As Overall Sales Nudge Up Overall sales reached $388.6 million at Wiley in their fiscal first quarter — significantly higher because of the inclusion of Blackwell Publishing, and up three percent, with the help of currency exchange, compared to Wiley-only results from a year ago — with earnings of $40.2 million. The professional/trade group turned in a stronger quarter, though, rising seven percent to $89.7 million, producing “contribution to profit” of $20.1 million. In the US, STM publishing was flat and higher ed publishing declined, while Wiley Europe grew 5 percent, mostly due to the weak […]
