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Educational/professionalrelativelyhighoperatingmarginsandsignificantbarrierstoentryar...
Educational /professional relatively high operating margins and significant barriers to entry are characteristic features in the educational/professional segment .In addition,revenues tend to be predictably tied to demographic trends ,and content can often be easily repackaged for delivery by electronic media or through alternative distribution channels .This stands in contrast to trade/general publishing,which is hitdriven and thus inherently more volatile.On the educational side ,sales to colleges amount to about half of revenues,while the elementary and high school components ,the "ElHi"segment,makes up the other half.
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教育/专业较高的经营利润率和重大的进入壁垒的特点是在教育/专业部分. 此外,收益 往往是predictably绑人口趋势和内容,可以容易repackagedfordelivery电子媒体 或通过其他分销渠道. 此形成鲜明对比的贸易/一般出版,这是hitdriven,因此必然更多的volatile.on 教育方面,销售金额高校约一半的收入,虽然小学和中学组成的"elhi"部分,占全 另一半.
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