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Bloomsbury Publishing ( (GB:BMY) ) just unveiled an announcement.
Bloomsbury Publishing has announced a new long-term supply agreement with Amazon, reflecting the company’s strategic alignment with major online retail platforms. This agreement is anticipated to reinforce Bloomsbury’s market position, with the board expressing confidence in meeting the consensus market expectations for the current fiscal year, projected at £334 million in revenue and £39.6 million in profit before tax.
More about Bloomsbury Publishing
Bloomsbury Publishing Plc is a leading independent publisher known for its diverse range of books and digital content. The company focuses on delivering high-quality literary works and has established itself as a significant player in the publishing industry.
YTD Price Performance: -4.15%
Average Trading Volume: 335,366
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £526.1M
For a thorough assessment of BMY stock, go to TipRanks’ Stock Analysis page.