Resilient and stable global book market, especially illustrated and children's books. Unrivalled footprint and size. Substantial IP with a back catalogue of 10,000 titles and an annual investment of c.$35m. Clear vision for product diversification in the short to medium term.
Geographical, genre and creative balance. Mix of young start-ups and longer-running imprints, organic and acquired. Increasing exposure to children's books, one of the faster growing areas in publishing.
Clear focus on enduring IP in the long term. Not dependent on immediate best-sellers with c. 60% of sales p.a. from back catalogue. Solid expertise and performance in foreign language rights. Market, channel and customer diversity. Organic growth supplemented by innovation growth and acquisitive growth.
International operational platform is both flexible and scalable. Clear medium to long-term acquisition strategy with significant opportunities. Systems and people in place; acquisition capabilities and track record.
2017 Annual Report
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