(in millions)

Harlequin

Year Sales Profits Margins
2010 C$112.8 C$22.9 20.3%
2011 C$115.4 C$22.0 19.0%

% Chg. in Sales: + 2/3%
% Chg. in Profit: - 3.9%

The strong Canadian dollar lowered reported sales gains and turned what would have been an increase in operating income to a slight decline. Digital sales increased by C$7.1 million in North America, offsetting sales decline of print in retail and online channels. E-books accounted for 13.6% of worldwide sales, about C$15.6 million. Harlequin expects the remainder of the year to be stable.

Simon & Schuster

Year Sales Profits Margins
2010 $152.0 $2.0 1.3%
2011 $155.0 $5.0 3.2%

% Chg. in Sales +2.0%
% Chg. in Profit 150%


Digital sales doubled in the quarter, to about $28 million, helping to offset across the board declines in print sales. E-books represented 17% of worldwide revenue, and digital audio 1%. The leap in profits was attributed to lower shipping, production, and returns costs as well as higher sales. International sales rose 10%. S&S expects e-book sales to represent at least 17% of revenue for the full year.


Lagardère Publishing

Year Sales
2010 £433.0
2011 £390.0


% Chg. in Sales-9.9%

Total revenue at Lagardère Publishing fell about 10% as its U.S. subsidiary, Hachette Book Group, continued to face difficult comparisons to the 2010 first quarter, when Stephenie Meyer’s titles were still selling blockbuster numbers. E-book sales at HBG rose 88% in the quarter, accounting for 22% of revenue. Comparisons with Meyer will ease in future quarters, and e-book sales are expected to remain strong at HBG and to continue to account for about 20% of revenue.