IN BRIEF: Bloomsbury Publishing tops up dividend after strong half

Bloomsbury Publishing PLC - London-based publisher - Reports pretax profit of GBP11.1 million in ...

Alliance News 27 October, 2021 | 11:29AM
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Bloomsbury Publishing PLC - London-based publisher - Reports pretax profit of GBP11.1 million in six months to August 31, up sharply from GBP3.0 million last year. Revenue rises 29% to GBP100.7 million from GBP78.3 million. Increases interim dividend by 4.7% to 1.34 pence per share from 1.28p.

Looking ahead, company says: "Print supply chain challenges are ongoing. We are continuing to mitigate these risks through a number of measures including working with suppliers to print earlier, working with customers to deliver earlier and being agile about where we print."

Company adds that the supply chain issues have no impact on digital sales, which continue to increase and are a growing proportion of both revenue and profits.

Current stock price: 356.00p

Year-to-date change: up 21%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Bloomsbury Publishing PLC 352.00 -

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