Online sales push Bloomsbury to best first-half since 2008

Online sales push Bloomsbury to best first-half since 2008

Bloomsbury Publishing has delivered its highest first half earnings since 2008, as "signficantly higher” online book sales and e-book revenues led to year-on-year profit growth of 60% to £4m in the six months ended 31st August 2020.

Bloomsbury raised £8.4m at the beginning of the lockdown, predicting then that print sales would fall dramatically. However the feared drop off in sales never materialised, and these results will be seen as a barometer for the trade, with strong sales at Bloomsbury's consumer wing evidence of how the big trade publishers are weathering the pandemic. Bloomsbury ...

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