Better than expected results help to drive Bloomsbury shares higher
- Full year results ahead of expectations
- Reading trend persists
- Recent acquisitions help drive growth
Shares in Bloomsbury Publishing (BMY) jumped 5% to 399.5p following the announcement of full year results ahead of expectations. The shares have risen 19.2% over the last six months.
Sales increased by 24% to £230 million, which was marginally ahead of forecasts. Pre-tax profit ...