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Highbury House - Four of its top ten consumer titles were acquired last year

May 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • HHO
  • Price:
  • 22p
Over the last five years, Highbury has transformed the nature and scale of its operations. Last year saw the most aggressive transition when Highbury took a strategic decision to refocus on its consumer publishing side, an area which has been growing sales at 12% compound over the past four years. This was already the largest part of its business before the opportunity arose to strengthen its position with the acquisitions of Cabal and Paragon which has made it the third largest quoted consumer publisher behind Emap and Future Network. Back in 1998, it occupied 26th position and in 2002 was in 14th place, as it made a number of small acquisitions to move up the league. Last year was particularly dramatic as four of Highbury's top ...

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