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Strong Sales for Bloomsbury

May 22, 2018
By Michael Cader

Bloomsbury reported sales for fiscal 2018, ending February 28, with sales rising 13 percent (or £19 million) to £161.5 million in what they call “an exceptional year.” Almost all of the growth came from children’s publishing, which added £13.3 million, growing to £69.2 million overall, helped by a 31 percent increase in Harry Potter sales. Adult trade sales of £33.1 million were up £3.6 million. Building on those strong sales, the board “believes the group’s performance will be well ahead of our previous expectations for the forthcoming year.” Operating EBITDA before special items was £15.98 million, compared to £14.84 million […]

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Filed Under: Earnings Reports, Publishers

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