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BMY Bloomsbury Publishing Plc

542.00
10.00 (1.88%)
Last Updated: 15:55:09
Delayed by 15 minutes
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

Bloomsbury Publishing PLC Trading Update (1978I)

19/03/2018 4:37pm

UK Regulatory


Bloomsbury Publishing (LSE:BMY)
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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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