Quercus Publishing plc
LSE : QUPP

January 30, 2012 02:00 ET

Trading Update

                                                                                  GB00B1G17S00/GBP/PLUS-exn
                                                                                            30 January 2012
                                                                                                           
                                                     
                                                     
                                          Quercus Publishing Plc
                                       ("Quercus" or the "Company")
                                                     
                                              Trading Update
                                                     
Quercus  Publishing Plc, the award-winning independent publisher in the digital, trade, contract, paperback
and children's sectors, today announces its Christmas trading update.

In  keeping with the strategy of expanding the depth and breadth of our fiction, non-fiction and children's
offerings, while maintaining the momentum of Stieg Larsson's Millennium Trilogy, we are pleased  to  report
that  revenue  from  non-Larsson titles during the key final quarter of 2011  increased  by  83%  over  the
comparable  period in 2010. Notable titles were The King's Speech by Peter Conradi, The Mayan  Prophecy  by
Steve  Alten,  Born Fearless by Phil Campion, The Black House by Peter May and Tiny Sunbirds  Far  Away  by
Christie Watson.

The Stieg Larsson franchise performed robustly and while 2010 saw the peak of Millennium Trilogy sales, The
Girl  with the Dragon Tattoo, The Girl who Played with Fire and The Girl who Kicked the Hornets' Nest  were
three of the Top 10 bestselling books in the UK over the course of the year.

We  continue  to  benefit  from our significant investments in digital publishing  and  marketing,  website
development  and  social networking. For the year as a whole, Quercus generated approximately  11%  of  its
income  from digital revenues, while the growth in ownership of eReading devices over the Christmas  period
contributed to an increase in eBook sales of 270% in comparison with the previous December.
In  addition, the Directors can report that for the full year ended 31 December 2011 trading is anticipated
to be in line with market expectations.

Net cash at 31 December 2011 was £4.3m.

Mark Smith, Chief Executive of Quercus commented:

"The  Directors  are pleased with the performance of the Company over the crucial Christmas trading  period
and  are satisfied that the improved quality of our revenue and earnings will continue into the future. The
New  Year  has  started positively with Peter May's The Lewis Man reaching the number  4  spot  on  the  UK
Hardback  Adult Fiction chart, Christie Watson's Tiny Sunbirds Far Away winning the Costa Best First  Novel
Award and A Cold Season by Alison Littlewood being chosen for the Richard and Judy Book Club."

The Directors of the Company are responsible for the contents of this announcement.

 Enquiries to:

 QUERCUS PUBLISHING PLC
 Mark Smith, Chief Executive                                                           Tel: 020 7291 7200


 ST HELENS CAPITAL PARTNERS LLP
 Mark Anwyl or Duncan Vasey                                                            Tel: 020 7368 6959


 Media Enquiries:

 ATTILA CONSULTANTS                                                                     Tel: 020 7776 8825
 Charles Cook                                                                         Mobile: 07710 910563

Contact Information

  • Quercus Publishing plc