Lagardere reported results for the third quarter, with publishing sales of €767 million, down 1.7 percent as reported and 1.6 percent like-for-like, “a high level of revenue despite a market that was overall less dynamic than last year,” chair and ceo Arnaud Lagardère said in a release. At Hachette Book Group, sales were down 5.2 percent due to a lighter publication schedule and “a downward trend in the overall publishing market in the third quarter.” CEO Michael Pietsch said, “HBG’s third quarter revenues included strong performance in backlist, audiobooks, science fiction and fantasy, Mini Kits, children’s books, and travel books. […]
