Bloomsbury reported results for their fiscal year, ending February 28, with sales of £142.6 million, up £18.9 million, as profit before tax fell £1 million to £12 million. Despite their intention “to become primarily a non-consumer publisher in the B2B academic and professional information market,” Bloomsbury is still very much Harry Potter House. Virtually all of the gains came from their children’s division, where sales rose £18.2 million to £55.9 million — as Potter sales were 88 percent higher than the previous year — and the weak British pound was the other main driver. (Topline sales were up 15 percent, but […]
