The Oxford University Press issued their annual report for the fiscal year ending in March 2011. Sales of £649 million were up £37 million from the prior year, a 6 percent gain. Margin gained as well, as “a successful sales year combined with effective cost management led to an exceptional surplus of £125 million.” Pre-tax profit for the year was £122.6 million, compared to £98.5 million a year go. They were helped in part by the weak British pound as well, since OUP makes 85 percent of their sales outside the UK. That makes their UK revenues £97.35 million, and […]
