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 Shares Traded Last Trade
  0.00 0.0% 380.00 10,293 10:15:24
Bid Price Offer Price High Price Low Price Open Price
381.00 385.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 230.11 22.18 20.72 18.3 301
Last Trade Time Trade Type Trade Size Trade Price Currency
11:27:54 O 2,658 381.00 GBX

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Bloomsbury Publishing Daily Update: Bloomsbury Publishing Plc is listed in the Media sector of the London Stock Exchange with ticker BMY. The last closing price for Bloomsbury Publishing was 380p.
Bloomsbury Publishing Plc has a 4 week average price of 365.50p and a 12 week average price of 364p.
The 1 year high share price is 438p while the 1 year low share price is currently 316p.
There are currently 79,094,998 shares in issue and the average daily traded volume is 45,789 shares. The market capitalisation of Bloomsbury Publishing Plc is £300,560,992.40.
shanklin: BDR looks like by far the highest quality aspect of BMY so should probably be the primary focus for future investment.
cwa1: Results out:- Commenting on the results, Nigel Newton, Chief Executive, said : "Bloomsbury achieved its highest ever results with sales up 24% to £230.1 million and profits up 40% to £26.7 million. Sales were up 41% and profits up 70% from two years ago. Both the Consumer and Non-Consumer divisions gave outstanding and resilient performances, highlighting Bloomsbury's unique strength in combining general and academic publishing. The question on all of our minds was: would the pandemic surge in reading continue? We now know the answer: reading has become a reacquired habit and continues to thrive. The pandemic made us all re-evaluate how we spend our time and this has resulted in an increase in sales of books that enable us to explore our hobbies and personal interests such as cooking, fitness, history and reading novels for enlightenment and escape. Our Academic sales have benefitted from the structural shift to online learning. Our success continues to this date with good sales for Bloomsbury's first quarter. The surge in reading, which seemed to be one of the only rays of light in the darkest days of the pandemic is perhaps now being revealed as permanent, with the simple act of reading shedding light and giving joy to millions of people. The Consumer division revenue grew by 25%, continuing the momentum of last year, and achieved a 25% increase in profit before tax and highlighted items1 to £17.8 million. The Non-Consumer division saw 23% revenue growth and a 68% increase in profit before tax and highlighted items1 to £9.1 million. Consumer revenue was 53% higher and Non-Consumer revenue 24% higher than two years ago. Bloomsbury Digital Resources ("BDR") outperformed the target set six years ago of £15 million of sales and £5 million of profit, with sales of £18.6 million, up 50% on last year, and profit of £6.8 million, up £3.9 million on last year. Following this success, we have set ambitious new growth targets for BDR. Supporting our strong organic growth, we made three acquisitions during the year of ABC-CLIO LLC, the Red Globe Press list and Head of Zeus Limited. In recognition of our strong performance and in line with our progressive dividend policy, the Board proposes a 24% increase in our final dividend to 9.40 pence per share. Trading for 2022/23 has started in line with the Board's expectations. Bloomsbury plans to invest robustly in continued organic growth and further acquisitions based on our strong financial position and proven strategy."
netcurtains: Publishers including BMY PSON and RELX all appear to have had a good quarter.
tole: Hunt nominates Bloomsbury as a core holdingBook publisher Bloomsbury (BMY) has delivered a very positive trading update and continues to go from strength to strength, says broker Peel Hunt.Analyst Malcolm Morgan has maintained a 'buy' recommendation, increasing the target price from 400p to 425p and reiterating that it should be a core holding in portfolios.Strong recent trading has been powered by a best-selling novel from American author Sarah J. Maas released in mid-February that has also pushed consumers towards her back catalogue.'Bloomsbury goes from strength to strength. It is a first-rate publisher, evidenced by the commercial and critical success it generates,' said Morgan.'It is well financed – with significant cash assets on the balance sheet and investment in working capital, with the value of the library of publishing rights unrecognised on the balance sheet.'The shares shot up 9.6% to close at 400p on Wednesday.
cwa1: Magnificent:- Revenue is expected to be comfortably ahead and profit materially ahead of upgraded market expectations for the year ended 28 February 2022, surpassing the guidance provided in our statement on 26 January 2022*. Nigel Newton, Chief Executive, said: "Bloomsbury's excellent performance demonstrates the strength and resilience of our business and the successful execution of our digital and acquisition strategy. In February, the final month of our financial year, Bloomsbury delivered exceptional sales, in part driven by Sarah J. Maas' new title, Crescent City: House of Sky and Breath, which was a global number one bestseller. Alongside this strong performance, we successfully mitigated ongoing print supply chain challenges, including printing titles earlier than usual and being flexible about where we print. We remain confident in the strength and resilience of our business and our long-term strategy."
km18: Bloomsbury Publishing is a leading independent publishing house with a rich portfolio of authors who have won Nobel, Pulitzer and Booker Prizes. Most notably, they are the originating publisher of the Harry Potter series. With offices across Europe, USA, Australia, and Asia, company’s strategy is to discover and nurture quality authors, expand internationally, and increase digital resources revenue. Full year results reported in June are well ahead of expectations. Revenue reached £185m and boosted diluted EPS with 9%, at 18.68p. Good performance gave the opportunity for dividends to be raised as well and the Group announced a special dividend of 9.78p. Outlook for the start of FY 2022 is positive, based on good momentum. BMY’s expectations for FY22 are for profits to be ahead of current consensus....from WealthOracleAM
sphere25: Stick this on a free thread too. Comment on MTEC, SCSW and their possible next moves. BMY will be tipped at the weekend but there are sellers in size about here too so any rally might not last long. Clearly if it is a stellar write up, volume might clear sellers but BMY carries a large spread, can't usually buy or sell in size, gaps out quickly. Not your usual trading share. Another big faller! They keep on coming. Valuation reset galore out there! Sometimes an SCSW tip can cause a short term pop higher, but I had a look at this on the tip and there were massive sellers in the market but folk absolutely piled in around that 122p mark. Someone has capitulated at 90p in selling 410k and a few other blocks being lobbed at 94p. Hard one to trade this though, it could have another big leg down in a flash. Traders will have to be nimble if indeed they choose to have a go. If I saw a few monster blocks being mopped up, I would be more tempted but the bottom on alot of these fallers is clearly hard to call. Out of the SCSW article, ADF was the one to look at imo - a fair few of us beat them to it. I suspect they will do a big write up on it tomorrow. They have already made readers aware that BMY will be tipped tomorrow and that a big write up on ADF is on its way. Judging by the way they have rushed to bring forward tomorrows release, it might include ADF i.e. wanting their readers to be able to get in before a big price rise. However, this is speculation on my part as it could be the month after. I am already long, but tempted to nibble a few more before the weekend. If a write up does come, and it does deliver, it could really get that share going. Again, speculation on my part. SCSW readers already know about this and will have positioned accordingly. They have had weeks to do so. MTEC 2.3p earnings in 2022, 6.1p earnings in 2023, 8.7p in 2024 Due a quick oversold bounce but a seller in size at 95p atm. Is it providing abit more value here? Hmm.... Being selective in this market with one eye on Putin. All imo DYOR
thorpematt: To be fair, BMY has trended sideways when most similar-sized stocks have shed 20%. "Comfortably" ahead rather sums up the lack of drama when holding BMY as opposed to the more "exciting" stuff.
trcml: I bought into BMY some years ago but then it drifted so sold. I bight in again the other day on the strength of their Nobel prize winning author but sold on the results day for a small profit less than envisaged as i couldn't get a live quote at the displayed price and when i did it was some 12p lower. Books are amongst my weakness purchases having decided long ago to create a non-fiction library for myself but a couple of years ago I decided to stop buying as the cost of removal (when moving house) is reminder of the downside. These results are not in my view as good as they are made to sound. Forward-purchasing of stock by bookshops is only guaranteed if there are no returns. Also, the rate of stock turn for most books is slow, only best-sellers fly off the shelves. The share price is up with events, possibly overtaken, and likely to remain so which suggests to me little or no share price growth for the foreseeable future. Enjoy!
investor0109: ...BMY share price is now 44% lower than it's year high of 304p. Could it really be that this well-established company with little debt could really be worth 44% less today than it was just 8 weeks ago? I don't think so!
Bloomsbury Publishing share price data is direct from the London Stock Exchange
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