PMP announces $19.2 million write-down of Scribo business; 23.1% decline in print volume for books

Tuesday, 22 February 2011 Books+Publishing

PMP, the owner of book distribution business The Scribo Group, has recorded a net loss of $14.8 million for the first half of the 2010-2011 financial year. The company has also announced that a 'strategic review' of the Scribo business is expected to be completed 'shortly' following a decision by PMP...