Bloomsbury 'in line' with expectations

<p>Bloomsbury Publishing announced that 2010 trading was &quot;in line with management expectations&quot;, with period-end cash for the group set to be close to &pound;34.2m. <br /><br />In a trading statement released today [13th January], it said: &quot;<span>2010 book sales were excellent, driven by revenues from a broad range of titles across our UK, US and German businesses.&quot;</span><br /><br />Bloomsbury said sales in the final quarter of trading &quot;proved resilient despite the adverse weather conditions&quot;, with Man Booker-winner <em>The Finkler Question</em> by Howard Jacobson, <em>Operation Mincemeat </em>by Ben Macintyre, <em>Eat, Pray, Love</em> by Elizabeth Gilbert and <em>The Flavour Thesaurus</em> by Niki Segnit among the top-selling titles. The Harry Potter series and <em>River Cottage Everyday</em> by Hugh Fearnley-Whittingstall led backlist sales. <em>Alexander McQueen: Genius of a Generation</em> sold well for A &amp; C Black. Strong sales were also reported in the US and Germany.</p><p>It reported digital sales for the group &quot;gathered momentum&quot; over the 12-month period, with sales of e-books &quot;in some case [making] up a sizeable percentage of sales by value of some of our bestsellers&quot;. The company expects e-book revenue growth to continue due to the proliferation of digital devices </p><p>Bloomsbury&#39;s financial results for the period will be reported on 28th Feburary.</p>