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Growth ahead for Dawson Books

08.04.08 Graeme Neill

Media supplier Dawson Holdings has put its books business back "on a growth curve", its chief executive said today (8th April) ahead of its six month results. The academic books and libraries supplier, which also supplies newspapers, magazines, new media, and marketing point of sale materials, said that its various businesses had been "performing well".

In a statement ahead of its six month results in May, it said that its academic books business was benefiting from investment in its dawsonera platform, an online provider for the UK and foreign markets. It now supplies more than 50,000 titles.

"We are pleased to be seeing the benefits of the many initiatives we have undertaken in the last two years," said chief executive Peter Harris. "The margins in news are being restored and improved as a result of many months of concerted activity; media direct’s geographic footprint is growing more than satisfactorily; books is back on a growth curve and the marketing services business is demonstrating its organic growth potential in a large, attractive market."

Investment bank UBS described the statement as "positive" and estimated that Dawson would have revenues of £789m for the year ending September 2008 and profits of £12m.

Financial Graeme Neill Home Dawson Books. libraries

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