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Bloomsbury inks new long-term supply deal with Amazon

Bloomsbury Publishing PLC (LSE:BMY), the home of authors such as Sarah J. Maas and J.K. Rowling, has announced a new long-term supply agreement with Amazon.

In a short announcement, the publisher also said it remains confident in meeting market expectations for the year ending February 28, with analysts forecasting revenue of £334m and pre-tax profit of £39.6m, excluding highlighted items.

Bloomsbury plans to provide further updates when it releases its preliminary results.