American Express Platinum Cashback Card:

Bloomsbury posts profit rise

Related Companies

Related Indices

Related Sectors

News for Spread Betters

PreviousPrevious
NextNext

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Friday 29 Aug 2008

LONDON (ShareCast) - Harry Potter publisher Bloomsbury posted an increase in first half profit buoyed by a strong performance in its UK Adult and Specialist divisions.

Pre-tax profit rose to £5.4m for the six months ended 30 June 2008 from £3.9m the same time a year earlier. Sales for the period fell to £42.1m from £51.4m.

Looking ahead the group said, "We have strong publishing lists for the second half and beyond and current trading remains in line with our expectations."

Bloomsbury, which will next month release Alice Schroeder's biography of Warren Buffett, The Snowball, said it expects it to be one of the key books of the year.

Bloomsbury added it is "Well positioned for further organic and acquisition-related growth."

An interim dividend of 0.75p per share has been recommended, up 7.1% from the last time.

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).