Bloomsbury announced results for fiscal year 2022, ending February 28, reporting its highest ever sales and profit. Sales were £230 million, up 24 percent from last year and 41 percent from 2020. Profit before tax was £22.2 million, up from £17.3 million last year. Recent acquisitions, led by Head of Zeus, accounted for £17 million of the increased sales, with “organic” sales up 15 percent for the year. “Both the Consumer and Non-Consumer divisions gave outstanding and resilient performances, highlighting Bloomsbury’s unique strength in combining general and academic publishing,” ceo Nigel Newton said. “Bloomsbury plans to invest robustly in continued […]
