Business
Bloomsbury Publishing Plc - Trading Update
Bloomsbury Publishing Plc - Trading Update.
About this update from Bloomsbury Publishing Plc
[{"type":"text","content":"\n \nRNS Number : 2188T Bloomsbury Publishing PLC 19 March 2019 \n\n19th March 2019\nBloomsbury Publishing Plc\n(\"Bloomsbury\" or the \"Group\")\nTrading Update\nBloomsbury Publishing Plc (LSE: BMY), the leading independent publisher, today gives a pre-close trading update for the 12 months to 28 February 2019.\nBloomsbury expects results for the year ended 28 February 2019 to be in line with the Board's expectations. \nThe Non-Consumer Academic and Professional division continues its strong performance, with organic revenue and margin growth, along with the acquisition of I.B. Tauris. In the Special Interest division, February included the international bestseller In the Closet of the Vatican, by Frédéric Martel.\nThe Consumer division is performing well, delivering bestsellers in the second half, including Sarah J. Maas' Kingdom of Ash, Tom Kerridge's Fresh Start and Mary Pipher's Women Rowing North. \nIn addition, the Group saw strong cash generation with net cash of around £27 million at 28 February 2019.\nThe Group will report its final results for the year ended 28 February 2019 on 21 May 2019.\n \nFor further information, please contact:\n\n\n\n\nBloomsbury Publishing Plc\n\n\n+44 (0) 20 7631 5630\n\n\n \n\n\n\n\nNigel Newton, Chief Executive\nPenny Scott-Bayfield, Group Finance Director\n\n\n \n\n\n \n\n\n\n\nFTI Consulting\n\n\n +44 (0) 203 727 1000\n\n\n\n\nCharles Palmer / Dwight Burden / Leah Dudley\n\n\[email protected]\n\n\n\n \n \n \n \n\n\n\n \nNotes to Editors\nAbout Bloomsbury Publishing Plc\nBloomsbury is a leading independent publisher of fiction, non-fiction, children's, specialist, academic and professional titles. The company's mission is to publish works of excellence and originality. We are one of the few publishers with a portfolio that includes both general and academic publishing. Bloomsbury's ambitious growth story has seen the company become a significant global publisher with offices in the UK, US, Australia and India.\n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions rel...