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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bloomsbury Publishing Plc | LSE:BMY | London | Ordinary Share | GB0033147751 | ORD 1.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.00 | 1.88% | 542.00 | 538.00 | 544.00 | 546.00 | 526.00 | 526.00 | 85,340 | 15:55:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Books: Pubg, Pubg & Printing | 264.1M | 20.24M | 0.2497 | 21.87 | 442.58M |
TIDMBMY
RNS Number : 1978I
Bloomsbury Publishing PLC
19 March 2018
19 March 2018
BLOOMSBURY PUBLISHING Plc
("Bloomsbury")
Trading Update
Bloomsbury Publishing Plc is pleased to report that for the year ended 28 February 2018, while revenues are slightly ahead of expectations, profits will be well ahead of the Board's expectations.
This follows excellent sales, particularly in January and February, with lower than anticipated returns, driven by certain titles including Tom Kerridge's Lose Weight For Good, which has been number one in the Overall Nielsen BookScan UK chart for four weeks since its publication on December 28th 2018. In one week the title sold over 70,000 copies, more than any book has ever sold in the UK in a week in January, according to the Nielsen BookScan records.
In addition, the Group's net cash balance is now expected to be around GBP25m, significantly ahead of expectations.
The Group will report its final results for the year ended 28 February 2018 on 22 May 2018.
For further information, please contact:
+44 (0) 20 7631 Bloomsbury Publishing Plc 5630 Nigel Newton, Chief Executive Wendy Pallot, Group Finance Director +44 (0) 203 727 FTI Consulting 1000 Charles Palmer / Dwight Burden SCBloomsbury@fticonsulting.com / Emma Hall / Leah Dudley
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTLLFVRVRIALIT
(END) Dow Jones Newswires
March 19, 2018 12:37 ET (16:37 GMT)
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