21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
21 May 2012
Bloomsbury Publishing Plc today announces results for the year ended 29 February 2012.
Download To view a full version of the results in |
Financial highlights
The highlights for the year ended 29 February 2012 include:
(* and ** see notes below)
Operating highlights
Commenting on the results, Nigel Newton, Chief Executive, said:
"We have enjoyed an extremely successful year, with strong performances across the Group.
2011/12 has been a transformational year for the Group as we continue to see the benefit of our One Global Bloomsbury strategy. The acquisition of Continuum has significantly enhanced our academic business as we continue to focus on robust renewable revenue streams. This area will be a key driver of future growth. We have built a uniquely balanced business between trade and academic publishing.
There is also a fundamental shift happening from print to digital and from the high street to the internet. The decision to digitise our backlist several years ago continues to reap benefits and as a result we have seen significant ebook sales, up 159% year on year.
The business has exciting opportunities for 2012 and beyond as our positioning, platform and industry insights coupled with our strong titles in the UK and US put us in a very healthy position for this dynamic market place. At a time when the traditional books industry is undergoing a revolution, we have built a robust and balanced business with more predictable income streams. Added to this, our highly innovative and entrepreneurial team, strong balance sheet and focused global strategy mean that we can continue to evolve and prosper in this market place."
* The audited statutory results last year were for the fourteen months ended 28 February 2011, following a change in the Company's year-end. All 2011 results referenced here are pro forma unaudited results for the year ended 28 February 2011 and are provided to show a more meaningful comparison of business performance.
**Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and the loss on disposal of Bloomsbury Verlag.
Total turnover is turnover for the entire Group i.e. continuing and discontinued operations together.
For further information, please contact:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger | +44 (0) 20 7861 3232 |
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc | +44 (0) 20 7494 6015 |
updated every 15 minutes
Annual General Meeting
Trading Update
Preliminary announcement for the year ended 29 February 2024
Interim Results