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July 16, 2024By Katy Hershberger

Bloomsbury Reports Strong First Quarter

July 16, 2024By Katy Hershberger

Bloomsbury released a brief trading update on Tuesday for the four months ended June 30, reporting “strong performance” that was in line with expectations for the year (£319.3 million in sales and £37.6 million in profit before taxation and highlighted items). The company acquired Roman & Littlefield’s academic publishing business during the period, which they expect will boost their Bloomsbury Digital Resources sales from £27 million in 2023/24 to £41 million in 2027/28. “The enlarged Academic business will focus on wider international sales, subject area expansion and continued innovation in digital scholarship and learning,” they said in a release. “The […]

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Filed Under: Earnings Reports, Publishers

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