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18th September 2007

Interim Results for the six months to 30 June 2007

  • Six months Revenue up 36.5% to £51.41m (2006, £37.66m)
  • Profit before investment income increased 7.6% to £3.25m (2006, £3.02m)
  • Interim dividend up 6.1% to 0.70p (2006, 0.66p)
  • Four electronic rights deals signed this year which included Bloomsbury ’s most important reference rights partnership to date for Finance: The Ultimate Resource with Qatar Financial Centre Authority
  • Strong publishing lists for second half and into 2008
  • Well positioned for further growth

Commenting on the results and prospects for Bloomsbury, Nigel Newton, Chairman, said:

“This is a good set of results which puts us back on track following last year’s profit warning. Between April and June, Bloomsbury enjoyed one of the most sustained periods of publishing bestsellers in its history. Four major reference rights deals which had been in the pipeline have now been completed and will provide very important revenue streams going forward.

We are also starting to see the benefits of the strategic approach which we outlined in my previous Chairman’s statement and our publishing programme for the second half of the year is very strong.”

For further information, please contact:
Ben Woodford / Dan de Belder, Bell Pottinger
Tel: 020 7861 3232

Sandy Karon
PA to the Chairman, Bloomsbury Publishing Plc
Tel: 020 7861 3232

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