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Bloomsbury Publishing profits surge as 'people rediscovered reading, becoming a habit once again'

Bloomsbury Publishing profits surge as 'people rediscovered reading, becoming a habit once again'

Bloomsbury Publishing PLC's (LON:BMY) chief executive Nigel Newton talks to Proactive London's Katie Pilbeam to discuss their latest performance, he says, 'what a last sixteen months as a free showcase for the power of books in the future of people's lives'.

When asked if he believes this reading revival will last, Newton says, 'people have rediscovered reading and it has become a habit once again, one that will stick!'.

Profits before tax in the year ending in February jumped nearly a third to £17.3m, as sales grew 14 per cent to £185.1m.

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