Bloomsbury Publishing demonstrates that everyone loves a good book
Here we take a closer look at Bloomsbury Publishing
Company
LON:BMY
Bloomsbury Publishing PLC is a leading independent publishing house, established in 1986, with authors who have won the Nobel, Pulitzer and Booker Prizes, and is the originating publisher and custodian of the Harry Potter series. The company has offices in London, New York, New Delhi, Oxford and Sydney.
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Here we take a closer look at Bloomsbury Publishing
The Harry Potter publisher is looking forward to the key Christmas period
Spoiler alert! Half-year earnings from Bloomsbury Publishing were ahead of expectations and at their highest level since 2008
The uplift was boosted by a 63% surge in digital revenues, alongside an unexpectedly good performance across May and June
Print book orders accounted for almost four-fifths of Bloomsbury’s revenues in the year to February
It is raising an additional £8.4mln via a share placing as well as making cost cuts and cancelling the dividend
A glance at some of the day's highlights from the Proactive Investors newswire
The acquired Zed titles are a good strategic fit with Bloomsbury's existing publishing lists while strengthening its offerings in African Studies and Development Studies
Bloomsbury noted that while there is disruption to bookshops, online retailers and academic institutions, on the other hand, reading books, including print books, is likely to be popular at home
Oberon is expected to contribute around £100,000 in revenues for Bloomsbury's current financial year
The new venture, based in Beijing, will publish its own titles as well as licensed works from Bloomsbury and other publishers in the Chinese language
The company said full-year performance will be in line with expectations, with the second half to bring in even better results than previous years
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
In the first quarter, non-consumer revenue was higher thanks to continued strong performance in the Academic & Professional division
Investments and investor services
A look at the day's major movers, including Topps Tiles, Mortgage Advice, Shoe Zone, Knight's Group, UDG, GYG and Galliford Try.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The group continues to reduce its reliance on the UK market, with overseas revenues accounting for 64% of total revenue last year, up two percentage points on the year before
Investments and investor services
The UK's premier shares index closed up around ten points at 7,320
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The Day Ahead will bring trading updates from the likes of stores groups Halfords, Topps Tiles, and WH Smith
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The Week Ahead will also bring news from power firm SSE and water groups Severn Trent and United Utilities, plus the latest UK inflation and retail sales numbers