Bloomsbury announced a brief trading update for the first quarter ended June 30, reporting a 9 percent increase in sales. The company says that results have been “in line with expectations,” expecting sales of £273 million and profit before taxation and highlighted items of £32.5 million for the year. In the consumer division, Sarah J. Maas, Samantha Shannon, and JK Rowling remained top sellers. In the non-consumer division, there was growth in Bloomsbury Digital Resources, “reflecting the ongoing shift to greater digital learning.” In a release, the company stated, “The Board remains confident in Bloomsbury’s ability to continue to deliver long-term […]
