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Lagardere Publishing, which includes Hachette Book Group, delivered an all-time record performance in 2009, parent company Lagardere SCA reported. The publishing group's total earnings before interest and taxes (EBIT) increased 24 percent to approximately 455 million dollars.
The majority of this approximately 87-million-dollar gain came from the United States, boosted by the success of Stephenie Meyer's "Twilight" saga, according to a Lagardere press release. The success of several other Hachette titles—including Senator Edward Kennedy's "True Compass," Paul Young's "The Shack" and James Patterson's "I, Alex Cross"—also contributed to last year's growth.
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