09 October 2007

The Largest Quarter in Our History

We just announced today that the quarter ending September 30 was the largest in our 209-year history. Net revenues were up 10% for the quarter and 10% for the first six months of its fiscal year. (Our fiscal year runs from April 1 to March 31.) EBITDA was up 10% for the quarter and 18% fiscal year-to-date.

Fireworks

Our publishing segment has been especially sucessful this year. It was up 12% for the six months ending September 30. I believe this is the direct result of our One Company initiative. This initiative has afforded us the focus we needed to create products that are relevant to consumers.

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I am the Chief Executive Officer of Thomas Nelson Publishers, the largest Christian publishing company in the world and the seventh largest trade book publishing company in the U.S.

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© 2007 Michael Hyatt | CEO, Thomas Nelson Publishers

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