Bloomsbury Publishing (GB:BMY) has released an update.
Bloomsbury Publishing reports robust trading in line with its elevated expectations, buoyed by consumer bestsellers and the significant acquisition of Rowman & Littlefield’s academic division, enhancing its US academic publishing presence. The company’s strategy focuses on diversification and digital content, with a positive outlook for its Consumer and Academic & Professional Publishing arms, underpinned by steady performance and business resilience. Anticipation builds as Bloomsbury sets sights on increased revenues, particularly from the Bloomsbury Digital Resources platform, projecting a leap to £41m by 2027/28.
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