Bloomsbury released a trading update for the first four months of the fiscal year, ended June 30, ahead of its annual meeting today. Trade sales rose 26 percent over the same period last year to £49.95 million, with adult sales of £16.7 million (up 12 percent) and children’s sales of £33.3 million (up 34 percent). Company-wide, sales were up 27 percent to £80.3 million. Results were driven by a Paul Hollywood cookbook and, as always, Sarah J. Maas and Harry Potter. Given the strong start, market expectations are for full-year sales of £242.6 million and profit before taxation and highlighted […]
