December 29, 2014 1:36 AM ET

Media

Company Overview of Harlequin Enterprises Limited

Company Overview

Harlequin Enterprises Limited publishes and sells books for women worldwide. The company publishes printed and electronic books in various languages in the areas of romance, fiction, nonfiction, young adult novels, erotic literature, and fantasy. It markets its books through its offices and online store, and licensing agreements with businesses. The company was founded in 1949 and is based in Don Mills, Canada. It has additional offices in Toronto, New York, London, Tokyo, Milan, Sydney, Paris, Madrid, Stockholm, Amsterdam, Hamburg, Athens, Budapest, Granges-Paccot, Warsaw, Rio de Janeiro, Mumbai, and Istanbul. As of August 1, 2014, Harlequin Enterprises Limited operates as a subsidiary of H...

225 Duncan Mill Road

Don Mills, ON M3B 3K9

Canada

Founded in 1949

Phone:

416-445-5860

Fax:

416-445-8655

Key Executives for Harlequin Enterprises Limited

Chief Executive Officer and Publisher
Age: 50
Executive Vice President of Overseas
Executive Vice President of New Business Development and Strategy
Director of Editorial New Business Relations
Compensation as of Fiscal Year 2014.

Harlequin Enterprises Limited Key Developments

Harlequin Enterprises Limited, News Corporation, Torstar Corporation - M&A Call

Harlequin Enterprises Limited, News Corporation, Torstar Corporation - M&A Call

Harlequin Enterprises Ltd. Announces Management Changes, Effective January 1, 2014

Torstar announced that Donna Hayes, Publisher and Chief Executive Officer of Harlequin Enterprises Ltd., has decided to retire effective December 31, 2013, and that as part of the succession planning process Craig Swinwood will become the new Publisher and CEO starting January 1, 2014. Mr. Swinwood has worked at Harlequin for 26 years and currently serves as Chief Operating Officer for Harlequin North America.

Harlequin Reports Earnings Results for the First Quarter of 2013; Provides Earnings Guidance for 2013

Harlequin reported earnings results for the first quarter of 2013. EBITDA in the quarter was $18.2 million, 15.4% lower than last year. Excluding the negative impact of foreign exchange, EBITDA was down $2.8 million or 12.9%. Operating earnings in North America for first quarter were down $2.2 million on an exchange neutral basis. The company experienced lower revenue in direct-to-consumer channel and higher digital royalties. The decline in earnings at Harlequin were against a strong quarter last year and can be attributed to higher author royalties on digital sales, lower revenue and a $0.5 million negative foreign exchange effect. Excluding the impact of foreign exchange, the company’s earnings for the full year 2013 are expected to be comparable to 2012, assuming global economic conditions do not deteriorate. The company anticipates a full year 2013 negative $1 million impact from foreign exchange, including the impact of the U.S. dollar hedges currently in place. From a cash flow perspective, in 2013, the company continued to anticipate spending approximately $65 million for the minimum required funding of registered defined benefits pension plans and $33 million of CapEx. The company expected to see relatively stable earnings for the year. The stability of both digital and print sales in North America over the past year is positive.

Similar Private Companies By Industry

Company Name Region
B-93 FM Americas
Astral Broadcasting Group Inc Americas
GalaVu Entertainment Inc. Americas
The GameTV Corporation Americas
ypOne Canada Ltd. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 2, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Harlequin Enterprises Limited, please visit www.harlequin.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.