PW: Results Up at MHC Publishing Group

Sales in the elementary unit rose 7.6%, to $831.5 million, led by strong results at Glenc /McGraw-Hill, SRA/McGraw-Hill and CTB/McGraw-Hill. Solid gains in both the sale of frontlist and backlist titles boosted higher education revenues 7%, to $359.4 million. Revenues in the professional publishing unit fell 4.8%, to $429.5 million, due to continued weakness in its CEC (Continuing Education Centers) operation as well as to softness in the Asia-Pacific markets.