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Publishing revenue at Lagardère increases

In spite of the ongoing recession it is good news that the publishing arm of Lagardère has seen an increase in revenues for the first three quarters of 2009.

Publishing sales continued to grow and were up 8.3% on a reported basis. The growth in the US and UK was mainly due to True Compass by Edward Kennedy, Say You’re One of Them by Uwem Akpan, Lies My Mother Never Told Me by Kaylie Jones and Malcolm Gladwell’s Outliers and of course the Twilight saga by Stephenie Meyer.

Hopefully this trend will continue for Lagardère but with other divisions of the company reporting losses it promises to be a tough final quarter.

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