I am very pleased to send you a copy of Cambridge University Press’s Annual Report for 2018–2019.
A continuing focus on digital products and services in pursuit of our mission to advance learning, knowledge and research has helped us to a year of strong growth. This financial performance has allowed us to continue our investment in new and innovative learning and research solutions that help people around the globe to unlock their potential.
This year saw a rise in operating profits from £17.2 to £24.4 million – an increase of more than 40 per cent – driven by continued sales growth and a continued focus on controlling costs. Revenues of £327 million were up by an industry-leading five per cent in constant currency terms.