Bloomsbury Share News (BMY)

Bloomsbury Information

Buy BMY Shares
Add BMY to Watchlist
Add BMY to Alert

Share Price Information for Bloomsbury (BMY)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 540.00

Bid: 534.00

Ask: 536.00

Change: -20.00 (-3.57%)

Spread: 2.00 (0.375%)

Open: 556.00

High: 558.00

Low: 528.00

Prev. Close: 560.00

Last checked at -

Bloomsbury Publishing lifts operating profit

Wed, 16th Jan 2013 08:22

London based publishing house Bloomsbury Publishing said operating profit from title sales rose year-on-year during the four months ended December 31st 2012, despite a two per cent fall in title sales. Operating profit was boosted by lower relative costs, a lower returns rate and as online sales increased, the publisher explained. Key title sales during the period came from Paul Hollywood's How to Bake, Hugh Fearnley-Whittingstall's Three Good Things and J.K.Rowling's Hogwarts Library. E-book sales powered ahead year on year, up 58% in the four-month period, with particularly strong growth in the UK.Bloomsbury said the recent expansion of its Information division has contributed to an increasing pipeline of Rights & Services contracts. Budgeted income includes £2.7m from contracts scheduled to complete between now and the year-end. "We will begin to have visibility of post-Christmas returns and the important post-Christmas e-book sales over the next six weeks," the group said."The results for our 2012/13 financial year will be dependent on these and the completion of several contracts under negotiation." The group had net cash of £7.7m at the end of December compared to £10.6m at the end of August 2012. Nigel Newton, Chief Executive of Bloomsbury added: "We are making good progress on many fronts during the transition of the market towards more digital sales. E-book sales are showing strong momentum and we are greatly encouraged by the potential of our online Knowledge Hubs where we have some large deals in progress." "Bloomsbury is a robust business, well adapted to the challenges of changing publishing trends and the increasing prominence of the digital market place. Our business is underpinned by an extremely strong author list and we are entering the new financial year with new books by Elizabeth Gilbert, author of Eat, Pray, Love and Khaled Hosseini, author of The Kite Runner and A Thousand Splendid Suns, two of the world's best selling authors."CJ

More News

1 May 2018 09:51

Bloomsbury Publishing Buys Academic Firm IBT Tauris For GBP5.8 Million

LONDON (Alliance News) - Bloomsbury Publishing PLC said Tuesday it acquired academic publishing firm IBT Tauris & Co Ltd for GBP5.8 million in cash.Harry Potter-publisher Bloomsbury pay

19 Apr 2018 12:57

Bloomsbury Publishing Appoints Conde Nast Executive New Finance Head

LONDON (Alliance News) - Bloomsbury Publishing PLC said Thursday it has appointed Penny Scott-Bayfield as its new finance director from mid July.Scott-Bayfield will replace incumbent Wendy

27 Mar 2018 13:57

Reuters Health News Summary

Following is a summary of current health news briefs. Severely elevated cholesterol often goes untreated Many patients with dangerously high cholesterol or a genetic predisposition a

27 Mar 2018 13:57

Reuters Health News Summary

Following is a summary of current health news briefs. Severely elevated cholesterol often goes untreated Many patients with dangerously high cholesterol or a genetic predisposition a

26 Mar 2018 21:56

Reuters Health News Summary

Following is a summary of current health news briefs. Biohaven plunges as investors pit migraine data against Allergan's drug Biohaven Pharmaceutical Holding said its acute two a

26 Mar 2018 21:56

Reuters Health News Summary

Following is a summary of current health news briefs. Biohaven plunges as investors pit migraine data against Allergan's drug Biohaven Pharmaceutical Holding said its acute two a

26 Mar 2018 13:56

Reuters Health News Summary

Following is a summary of current health news briefs. Singapore pharma on recovery path after worst output in decades Singapore's among

26 Mar 2018 13:56

Reuters Health News Summary

Following is a summary of current health news briefs. Singapore pharma on recovery path after worst output in decades Singapore's among

26 Mar 2018 07:23

UPDATE 1-Roche's Tecentriq cocktail notches another lung cancer success

ZURICH, March 26 (Reuters) - Roche's immunotherapy Tecentriq combined with other drugs boosted lung cancer patients' survival versus an older cocktail, the Swiss trial

25 Mar 2018 14:15

Israel to launch Big Data health project

By Maayan Lubell JERUSALEM, March 25 (Reuters) - Israel will invest nearly 1 billion shekels ($287 million) in a to a

20 Mar 2018 07:05

UPDATE 1-Roche says Tecentriq, chemo cut risk of death in type of lung cancer

ZURICH, March 20 (Reuters) - Roche's immunotherapy Tecentriq plus chemotherapy cut the risk of disease worsening or death in advanced squamous lung cancer, but it did not

19 Mar 2018 17:59

Bloomsbury Publishing Expecting Profitability To Beat Expectations

LONDON (Alliance News) - Bloomsbury Publishing PLC said on Monday it expects its full-year profit and revenue to both be ahead of expectations.For the year ending 28 to

20 Jan 2017 09:08

Bloomsbury Publishing Says Chairman Salz To Step Down In July

27 Oct 2016 07:43

Bloomsbury Publishing Sees Stronger Second Half As Trading In Line

13 Jul 2016 12:55

Bloomsbury Publishing plots expansion into B2B market

(ShareCast News) - Harry Potter publisher Bloomsbury Publishing held a capital markets day for investors and analysts on Wednesday to present plans to enter the business-to-business market, while also confirming first-quarter trading remained in line with full year expectations. Bloomsbury unveiled

Latest Share Chat

Bloomsbury Share News (BMY)

Share Price Information for Bloomsbury (BMY)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Bloomsbury Publishing lifts operating profit

Login to your account

Quickpicks are a member only feature

Login to your account