Bloomsbury released preliminary results for the year, ended Feb 28, reporting record sales and earnings. Sales of £264 million were up 15 percent from the previous year and 43 percent from two years ago. Profit before taxation and highlighted items grew 16 percent to £31.1 million. “These results demonstrate the strength of our strategy to publish for both the consumer and the academic markets, unusual in our industry, and to grow digital revenues while expanding globally,” ceo Nigel Newton said in a release. In the consumer division, sales were up 12 percent to £166.7 million with profit before taxation and […]
