25 October 2012
Bloomsbury Publishing Plc today announces six month results for the period ended 31 August 2012.
To view a full version of the results in
Note: All the above highlights are stated on a Continuing basis ie they exclude the results of our German subsidiary, Bloomsbury Verlag, which was treated as discontinued in our accounts last year, following its sale in February 2012.
* Highlighted items comprise amortisation of intangible assets, acquisition costs, restructuring, relocation costs and Bloomsbury India set up costs.
Commenting on the results, Nigel Newton, Chief Executive, said:
"The Group continues to make good progress. We have acquired two new businesses further boosting our presence in the academic market, particularly in the USA, and have launched our own sales and publishing operation in India, a market which has the potential to become one of the largest English language book markets in the world.
Higher ebook sales and academic turnover continue to increase the weighting of our sales to the second half. In addition we have a strong second half list, including potential best sellers, and are targeting a significant number of rights and services contracts. We remain well positioned for the future and results continue to show a positive trend over the longer term."
For further enquiries:
Daniel de Belder/Rosanne Perry, Pelham Bell Pottinger
|+44 (0) 20 7861 3232|
|Nigel Newton, Chief Executive, Bloomsbury Publishing Plc||
+44 (0) 20 7631 5630
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