Bloomsbury released an innocuous looking trading update ahead of today’s annual meeting, saying they expect results for the fiscal year ending in February 2026 to be “in line with consensus expectations” — which they express as £336 million in sales and £41.6 million in profit before taxation and highlighted items. What’s unsaid is those figures are lower than their previous expectations, announced in May, when they expected results to be “broadly in line with current consensus expectation” of £349 million in sales and £45.1 million in profit before taxation and highlighted items. The new profit guidance is 7.8 percent lower […]
