Bloomsbury Publishing PLC
LSE:BMY
Bloomsbury Publishing PLC
Bloomsbury Publishing Plc is an independent publishing house, which engages in the publication of books and reference databases; sale of publishing and distribution rights; and development of electronic information products. The firm has two publishing divisions: Consumer and Non-Consumer, reflecting the core customers of its different operations. The Consumer Division consists of two segments: Children’s Trade and Adult Trade. The Non Consumer division consists of two segments: Academic & Professional, and Special Interest. The firm offers authors and illustrators access to global markets in multiple formats and via multiple channels: in print, as ebooks and audio books, through digital downloads and apps and via online educational databases; in schools, libraries and universities and through terrestrial and online retailers. The company is the publisher of Jesmyn Ward’s Salvage the Bones, Roz Chast’s Can’t We Talk About Something More Pleasant?, Dr. Louise Aronson’s Elderhood, and others.
Bloomsbury Publishing Plc is an independent publishing house, which engages in the publication of books and reference databases; sale of publishing and distribution rights; and development of electronic information products. The firm has two publishing divisions: Consumer and Non-Consumer, reflecting the core customers of its different operations. The Consumer Division consists of two segments: Children’s Trade and Adult Trade. The Non Consumer division consists of two segments: Academic & Professional, and Special Interest. The firm offers authors and illustrators access to global markets in multiple formats and via multiple channels: in print, as ebooks and audio books, through digital downloads and apps and via online educational databases; in schools, libraries and universities and through terrestrial and online retailers. The company is the publisher of Jesmyn Ward’s Salvage the Bones, Roz Chast’s Can’t We Talk About Something More Pleasant?, Dr. Louise Aronson’s Elderhood, and others.
Revenue Growth: Bloomsbury reported revenue of £160 million for the interim period, driven by both academic and consumer segments.
Profit & Margins: Pretax profit reached £24 million with an improved margin of 15%.
AI Licensing: The company signed its first non-exclusive AI licensing agreement and sees strong future potential in this area.
Dividend Increase: Interim dividend per share was raised by 5% to 4.08p, continuing a strong track record.
Outlook Raised: Management expects full-year results to be ahead of expectations.
Rowman & Littlefield Integration: The acquisition is substantially complete and contributing positively, especially to digital resources.
Asia Expansion: Continued plans to establish a Singapore office to capitalize on rapid student growth in Asian markets.
Audio & Digital: Audio and digital products are expanding, supported by non-exclusive deals with platforms like Spotify.
