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Bloomsbury Says Business Is “Resilient”; Book Sales Down 3 Percent at WH Smith

October 15, 2010
By Michael Cader

In a third-quarter trading statement, Bloomsbury says their “trading in the UK remains resilient.” They continue to expect the release of the new Harry Potter movie in November to boost book sales. The company writes: “Overall, business is performing well for the group. The outcome for the year is still dependent on the level of consumer and business to business demand between now and the end of the financial year. Major database projects are under consideration which forms part of new business in 2010.” Release Also in the UK, yesterday WH Smith reported preliminary results for the fiscal year. Same-store […]

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Filed Under: Booksellers, Earnings Reports, International News, Publishers

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