Bloomsbury Publishing (BMY)

Sector:

Media

Index:

FTSE Small Cap

528.00p
   
  • Change Today:
      8.00p
  • 52 Week High: 571.00
  • 52 Week Low: 381.00
  • Currency: UK Pounds
  • Shares Issued: 81.61m
  • Volume: 88,596
  • Market Cap: £430.89m
  • RiskGrade: 201

Bloomsbury Publishing posts highest-ever H1 sales and profits

By Michele Maatouk

Date: Wednesday 26 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Bloomsbury Publishing backed its full-year expectations on Wednesday as it reported its highest ever first-half sales and profits.
In the six months to the end of August, profit before tax and items related to acquisitions and restructuring costs rose 23% to £15.9m, while revenue grew 22% to £122.9m.

Chief executive Nigel Newton said: "These results demonstrate the strength and resilience of our strategy of publishing for both the consumer and academic markets, our growth of digital revenues and our global diversification.

"Throughout this cost-of-living crisis, books remain an affordable treat. Reading offers a form of escapism and an ideal - and inexpensive - therapy for dealing with the stresses and strains of day-to-day life."

The non-consumer division saw revenue growth of 24% to £46.6m, while the consumer division saw growth of 21% to £76.3m.

Bloomsbury said it was lifting its interim dividend by 5% 1.41p a share.

The Harry Potter publisher said that given the strength of its H1 performance, it remains confident of achieving market expectations for the year ending 28 February 2023 of revenue of £242.6m and profit before tax and acquisition-related items of £26.9m.

The company said its financial position was "strong", with net cash of £41.5m. "This gives us significant opportunities for further acquisitions and investment in organic growth," it said.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BMY Market Data

Currency UK Pounds
Share Price 528.00p
Change Today 8.00p
% Change 1.54 %
52 Week High 571.00
52 Week Low 381.00
Volume 88,596
Shares Issued 81.61m
Market Cap £430.89m
RiskGrade 201

BMY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.28% below the market average73.28% below the market average73.28% below the market average73.28% below the market average73.28% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
86.86% above the market average86.86% above the market average86.86% above the market average86.86% above the market average86.86% above the market average
87.23% above the sector average87.23% above the sector average87.23% above the sector average87.23% above the sector average87.23% above the sector average
Income
33.92% below the market average33.92% below the market average33.92% below the market average33.92% below the market average33.92% below the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Growth
36.64% above the market average36.64% above the market average36.64% above the market average36.64% above the market average36.64% above the market average
4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BMY Dividends

  Latest Previous
  Interim Final
Ex-Div 02-Nov-23 27-Jul-23
Paid 01-Dec-23 25-Aug-23
Amount 3.70p 10.34p

Trades for 28-Mar-2024

Time Volume / Share Price
16:38 1,649 @ 528.00p
16:38 956 @ 528.00p
16:37 1,207 @ 528.00p
16:37 2,163 @ 528.00p
16:37 2,163 @ 528.00p

BMY Key Personnel

CEO Nigel Newton

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