Inside the Australian and New Zealand book industry

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MUP announces operating profit increase of 19% 

4 June 2021

Melbourne University Publishing (MUP) has reported its operating profit for the two-year period of 2019–2020 is up 19%, compared to 2017–2018. ‘Since the end of 2018, total equity in the...

Booktopia reports EBITDA up 506% 

29 January 2021

Online bookseller Booktopia has reported a 506% increase in its earnings (before interest, tax, depreciation and amortisation: EBITDA) for the six months to the end of December 2020 in its...

Ebook sales up at Hachette in 2013 

5 March 2014

Hachette Australia has recorded an increase in ebook sales in 2013, with CEO Matt Richell reporting growth in ebook sales of 27%. Ebooks now account for 22.5% of the publisher’s overall...

Text shares worth more than $1 million to Canongate

9 October 2012

The sale of Canongate’s 70% shareholding in Text Publishing was worth £662,142, or approximately A$1.04 million, to the Scottish publisher, reports the Bookseller. The value of the sale, which took...

Allely to leave PMP in 2013 

2 October 2012

PMP chief executive and general manager of print and distribution Richard Allely has announced that he will step down from his position in September 2013. In a statement to the Australian...

OUP reports 10% growth in sales 

14 August 2012

Oxford University Press has reported a 10% growth in sales for the financial year ending 31 March. Sales for the year were £695.5 million (A$1.04 billion), up from £648.6 million...

PMP receives mystery takeover bid 

2 May 2012

PMP, parent company of book printer Griffin Press, has revealed that it has received a ‘highly conditional, non-binding indicative offer’ from an undisclosed bidder to purchase the company. In a...

Sales and profits grow at Elsevier in 2011 

12 April 2012

International publisher Elsevier has recorded a two percent increase in underlying sales and a four percent increase in underlying operating profit for 2011. In its latest financial results, available online...