Revenue down but income up at Harlequin

3 March 2008 Books+Publishing

Total international revenue at Harlequin fell 2% to C$462.7 million (A$498.5 million) in 2007, while operating income rose 7% to C$60.6 million (A$65.3 million). Torstar, the romance publisher's Canadian parent company, attributed ‘all but C$1 million' of the revenue decline to the strengthening of the Canadian dollar.Harlequin Australia's managing director,...