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BMY Bloomsbury Publishing News Story

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Bloomsbury Publishing's FY revenue edges past estimates

Overview

UK book publisher's FY revenue declined yr/yr but slightly beat analyst expectations

Adjusted operating profit for FY slightly beat analyst consensus

Company increased final dividend by 5% and maintains 31-year growth track record

Outlook

Bloomsbury expects 2026/27 revenue of £353.0m and profit before tax of £50.0m

Company says exceptional pre-orders and strong publishing pipeline underpin upgraded profit outlook

Bloomsbury expects ongoing AI licensing revenue to support growth in 2026/27

Result Drivers

CONSUMER DIVISION COMPARATIVE - Co said Consumer revenue fell due to a strong prior-year comparison with exceptional sales of a Sarah J. Maas title

ACADEMIC & PROFESSIONAL GROWTH - Academic & Professional revenue rose, driven by AI licensing, integration of Rowman & Littlefield, and growth in print, digital and rights revenues

RESTRUCTURING AND EFFICIENCY - Streamlining and simplification of company structure improved agility and financial performance

Company press release: ID:nRST9831Ea

Key Details

MetricBeat/MissActualConsensus Estimate
FY RevenueSlight Beat*GBP 325.90 mlnGBP 325.75 mln (6 Analysts)
FY EPSGBP 0.33
FY Adjusted Operating ProfitSlight Beat*GBP 46.10 mlnGBP 45.98 mln (4 Analysts)
FY Basic EPSGBP 0.33
FY Gross ProfitGBP 191.60 mln
FY Operating ProfitGBP 35.40 mln
FY Pretax ProfitGBP 34.20 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the consumer publishing peer group is "buy" Wall Street's median 12-month price target for Bloomsbury Publishing PLC is GBp750.00, about 24.6% above its May 19 closing price of GBp602.00 The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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