Bloomsbury reported earnings for the six months ending August 31, with children’s trade dragging down sales and earnings, accompanied by good results in the smaller academic and professional publishing business. Overall, sales were £71.3 million, down from £75.3 million, and profit before taxes and charges was £2.5 million, down from £2.9 million last year. Trade sales were £41.5 million, down from £47 million last year’s period. Pre-tax profit was £640,000, down from £3.1 million. The declines came primarily from children’s books, with sales of £25.3 million, down almost 19 percent from £31.1 million a year ago, and pre-tax profit of […]
