15 March 2023 - trading update
The publishing group Bloomsbury Publishing has issued a positive trading update covering the year to 28 February 2023 with revenues for the year now likely to be over £260m with adjusted pre-tax profits of £30m on the cards. These figures are above our previous forecast of pre-tax profits of £26.9m and earnings per share of 26p. The latter figure is now likely to be around 30p. The company, which is best known for the Harry Potter stories, has enjoyed a strong finish to the financial year helped by strong sales of books . . .
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