Bloomsbury Publishing Plc · LSE:BMY
Bloomsbury Publishing — FY2026 Earnings Presentation
25 slides from Bloomsbury Publishing's earnings presentation, Feb 28, 2026
Slide 1: Bloomsbury Publishing Plc
Bloomsbury Publishing Plc Strong outlook underpinning recently upgraded expectations for 2026/27 Results for the year ended 28 February 2026
Slide 2: Highlights
Portfolio of portfolios: resilient model through consumer and academic diversification Highlights Profit up 7% to £44.9m, margin up 210bps to 13.8% and dividend up 5% AI: licensing agreement ongoing in 2026/27, Google AI technology partnership Profit growth with strong confidence for record profits
Slide 3: Dividend Growth
Dividend Unbroken track record of dividend growth since flotation in 1994 Growth 16.20 15.43 14.69 11.75 Pence per share Dividend to 9.78 10.74 increase 5% 8.86 7.96 8.17 7.51 6.70 6.40 6.10 5.82 5.50 5.00 5.20 4.43 4.00 4.22 3.60 3.66 3.00 1.25 2.14 0.95 0.66 0.85 0.88 0.90 0.93 1.58 1.79 0 31 Dec
Slide 4: Bloomsbury Investment Case
Flywheel effect of successful long term strategy Bloomsbury • Diversified portfolio of Consumer and Academic publishing across formats and territories • Investment in content driving demand, generating cash to fund investment and dividend Investment Consumer Case • Diversification across genres with
Slide 5: Financial Highlights
Financial Highlights 2025/26 £m 2025/26 2024/25 vs 2024/25 Revenue 325.9 361.0 (10%) Profit* 44.9 42.1 7% 7% profit growth and Profit margin* 13.8% 11.7% +210bps strong balance sheet Diluted EPS 44.57p 41.45p 8% Net cash 29.2 17.0 72% Dividend per share 16.20p 15.43p 5% Notes: Bloomsbury Publishing
Slide 6: Balance Sheet
Balance £m 28 February 2026 28 February 2025 Sheet Goodwill & acquired intangibles 114.4 128.5 Internally generated intangibles 10.9 8.9 Balance sheet to Property, plant & equipment 2.9 2.5 support future Tax balances: deferred & current 13.8 18.7 growth Working capital (excl. tax)* 50.2 43.2 Other*
Slide 7: Cashflow
Cashflow Cashflow Bridge (£m) 44.9 (1.7) (3.4) (8.9) Net cash increased by (12.7) £12m during the financial year (6.0) 29.2 17.0 Net cash opening Profit FX movement Tax Capex Dividends Other Net cash closing balance balance 28 Feb 28 Feb 2025 2026 Bloomsbury Publishing | 2025/26 Preliminary Results
Slide 8: Consumer
Consumer 2025/26 £m 2025/26 2024/25 vs 2024/25 Year on year movement as Print sales 163.8 211.8 (23)% expected given strong comparator Digital sales 38.1 55.9 (32)% Other 16.3 10.0 63% £218.2m Total revenue 218.2 277.7 (21)% Revenue (2024/25: £277.7m) Profit* 20.5 30.3 (32)% £20.5m Profit (2024/25:
Slide 9: Consumer Bestsellers
Consumer • Romantasy: Sarah J. Maas’ House of Flame and Shadow returned to bestseller lists. Two new books in the A Court of Thorns and Roses series in 2026/27 Bestsellers • Award winning: Renée Watson won the Newbery Medal for the New York Times bestseller All the Blues in the Sky • J.K. Rowling’s
Slide 10: Academic & Professional
Academic & Professional 2025/26 vs £m 2025/26 2024/25 2024/25 Print sales 37.7 37.9 (1)% Digital sales 66.2 42.2 57% £107.7m Revenue (2024/25: £83.3m) Other 3.8 3.2 19% Total revenue 107.7 83.3 29% £25.0m Profit (2024/25: £12.5m) Profit* 25.0 12.5 100% Notes: Bloomsbury Publishing | 2025/26 Prelimin
Slide 11: Academic & Professional
Academic & Operational developments driving revenue growth Professional • Academic & Professional (A&P) revenue grew 29% to £107.7m • Benefitted from first non-exclusive AI licensing agreement • AI agreement ongoing in 2026/27 as more titles are added and authors opt-in • Integration of Rowman & Lit
Slide 12: Strong publishing list for 2026/27
Strong publishing list for 2026/27 Bloomsbury Publishing | 2025/26 Preliminary Results 12
Slide 13: Summary and outlook
Summary and outlook Portfolio of portfolios: Financial performance: Two major events: Strong outlook: Consumer Major Harry Potter new The Board has bestsellers reorganisation TV series on HBO strong combined with of operating Max this confidence in Academic structure to Christmas and delivering publ
Slide 14: 10 things to know about Bloomsbury
10 things to 1. Bloomsbury has delivered unbroken dividend growth since flotation in 1994, with more to come know about 2. Strong confidence for record profits in 2026/27 Bloomsbury 3. Bloomsbury is a beneficiary of AI licensing which is ongoing in 2026/27 4. Sarah J. Maas releasing 2 new novels in
Slide 15: Appendices
Appendices Shareholders, analysts, advisors and Bloomsbury management, LSE; May 2025 Jo Deakin, Bloomsbury Singapore spearheading publishing growth in the region; June 2025 15
Slide 16: Adjusted income statement
Adjusted income statement 2025/26 vs 2024/25 £m 2025/26 2024/25 Change % Change CER% Revenue 325.9 361.0 (10)% (7)% Gross profit 191.6 203.9 (6)% (4)% Gross profit margin % 58.8% 56.5% Marketing and distribution costs (42.7) (54.6) (22)% (20)% Marketing and distribution costs as % revenue 13.1% 15.1
Slide 17: Adjusted segmental analysis 2025/26 vs 2024/25
Adjusted segmental analysis 2025/26 vs 2024/25 2025/26 2024/25*** £m Consumer A&P Group Consumer A&P Group Print sales 163.8 37.7 201.5 211.8 37.9 249.7 Digital sales 38.1 66.2 104.3 55.9 42.2 98.1 Other 16.3 3.8 20.1 10.0 3.2 13.2 Total revenue 218.2 107.7 325.9 277.7 83.3 361.0 % of total 67% 33%
Slide 18: Adjusted segmental analysis at constant exchange rates
Adjusted segmental analysis 2025/26 at constant exchange rates vs 2024/25 2025/26 at constant exchange rates 2024/25*** £m Consumer A&P Group Consumer A&P Group Print sales 167.6 38.8 206.4 211.8 37.9 249.7 Digital sales 39.0 67.9 106.9 55.9 42.2 98.1 Other 16.9 4.0 20.9 10.0 3.2 13.2 Total revenue
Slide 19: Revenue by source and destination
Revenue by source and destination Revenue by source Source 4% 2% £m United North Australia India Total Kingdom America 45% United Kingdom 81.4 2.8 – – 84.2 49% North America 18.3 147.8 – – 166.1 United Kingdom North America Australia India Destination Continental Europe 26.6 8.0 – – 34.6 Revenue by
Slide 20: Highlighted items
Highlighted 2025/26 items Amortisation Integration and restructuring Total of acquired costs intangible assets £10.7m £9.0m £1.7m 2024/25 Amortisation Legal and other professional Total of acquired costs relating to ongoing and intangible assets completed acquisitions, integration and restructuring
Slide 21: Leveraging our acquisitions
Leveraging our acquisitions Acquisition Year Contributing to the following Bloomsbury Digital Resources Rowman & Littlefield 2024 Bloomsbury Collections, Drama Online, History, Business and Psychology ABC-CLIO 2021 ABC-CLIO school and academic databases Red Globe Press 2021 Bloomsbury Collections, C
Slide 22: Investor Relations Contacts
Investor Tamsin Garrity | Group Investor Relations Director Relations 50 Bedford Square www.bloomsbury.com Contacts London WC1B 3DP /bloomsburypublishing tamsin.garrity@bloomsbury.com /bloomsburypublishing Dan de Belder Hattie Dreyfus /bloomsburybooks Emily Brooker Hudson Sandler 25 Charterhouse Squ
Slide 23: Founder & Chief Executive
Founder & Nigel Newton CBE is the founder of Bloomsbury Publishing. He was born and raised in Chief San Francisco. He read English at Selwyn College, Cambridge and after working at Macmillan Publishers, he joined Sidgwick & Jackson. He left Sidgwick in 1986 to start Executive Bloomsbury Publishing.
Slide 24: Other notes
Other notes All metrics and commentary in this presentation are at reported foreign exchange rates and include adjusting items unless stated otherwise. The amortisation of acquired intangible assets has been highlighted in the financial results. Adjusting items are highlighted in the financial state
Slide 25: Disclaimer
Disclaimer The information in this presentation has not been audited or otherwise independently verified and no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions conta