Bloomsbury reported full-year results for the period ending February 28, 2019, beating analysts expectations on profit. Earnings before taxation and one-off charges was £14.4 million, up from £13.2 million the year before. Charges included legal and other fees and restructuring costs related to the acquisition of I.B. Tauris in May 2018. Sales for the year were £162.7 million, up £1.2 million from the prior year, slightly below expectations. But in the trade books division, sales of £99.3 million were down £2.9 million, and EBITDA before charges was £11.5, down from £12.1 in the prior year. The results were weighed down […]
