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REG - BloomsburyPublishing - AGM Trading Update

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RNS Number : 1900R  Bloomsbury Publishing PLC  16 July 2025

BLOOMSBURY PUBLISHING PLC

("Bloomsbury" or "the Company")

 

AGM Trading Update

Results for the full year expected to be in line with consensus

Bloomsbury Publishing Plc (LSE: BMY), the leading independent publisher,
provides the following trading update ahead of the Company's Annual General
Meeting ("AGM") at 12.00pm today.

The Board expects to deliver full year results in line with consensus
expectations.*

In the Consumer Division, Sarah J. Maas topped bestseller lists again in the
UK and US with the paperback launch of House of Flame and Shadow in June. The
publication of J.K. Rowling's Pocket Potters series begins in August and we
have a strong front list in the remainder of the year. Bloomsbury was voted
Publisher of the Year at the British Book Awards 2025.

In the Non-Consumer Division, Rowman & Littlefield integration continued
with over 5,300 titles digitised and available on Bloomsbury Digital Resources
and in June we moved Rowman & Littlefield's distribution in the US to
Macmillan Publishing Services. The intellectual property value of our academic
list has enabled us to sign our first non-exclusive content partnership. Our
international expansion continues with opening our new office in Singapore
this year to benefit from the forecast growth in the student population in the
region.

Operationally, we successfully transitioned our UK distribution to Hachette UK
Distribution which has streamlined logistics and increased agility in our
supply chain.

We continue to execute our Bloomsbury 2030 vision focused on our growth,
portfolio and people. The resilience of our business created through the
portfolio of portfolios strategy underpins the confidence our Board has in the
future.

We will provide further details with our Interim Results announcement on 23
October 2025.

*The Board considers current consensus market expectations for the year ending
28 February 2026 to be revenue of £335.9m and profit before taxation and
highlighted items of £41.6m.

For further information, please contact:

 Bloomsbury Publishing Plc
 Tamsin Garrity, Head of Investor Relations      tamsin.garrity@bloomsbury.com
 Hudson Sandler                                  +44 (0) 20 7796 4133
 Dan de Belder / Hattie Dreyfus / Emily Brooker  bloomsbury@hudsonsandler.com

Disclaimer

The information in this announcement has not been audited or otherwise
independently verified and no representation or warranty, express or implied,
is made as to, and no reliance should be placed on, the fairness, accuracy,
completeness or correctness of the information or opinions contained herein.
None of the Company or any of its affiliates, advisors or representatives
shall have any liability whatsoever (in negligence or otherwise) for any loss
whatsoever arising from any use of this announcement, or its contents, or
otherwise arising in connection with this announcement.

This announcement does not constitute or form part of any offer or invitation
to sell, or any solicitation of any offer to purchase any shares in the
Company, nor shall it or any part of it or the fact of its distribution form
the basis of, or be relied on in connection with, any contract or commitment
or investment decisions relating thereto, nor does it constitute a
recommendation regarding the shares of the Company.

Certain statements, statistics and projections in this announcement are or may
be forward looking. By their nature, forward‑looking statements involve a
number of risks, uncertainties or assumptions that may or may not occur and
actual results or events may differ materially from those expressed or implied
by the forward-looking statements. Accordingly, no assurance can be given that
any particular expectation will be met and reliance should not be placed on
any forward-looking statement. Accordingly, forward-looking statements
contained in this announcement regarding past trends or activities should not
be taken as representation that such trends or activities will continue in the
future. You should not place undue reliance on forward-looking statements,
which are based on the knowledge and information available only at the date of
this announcement's preparation.

The Company does not undertake any obligation to update or keep current the
information contained in this announcement, including any forward‑looking
statements, or to correct any inaccuracies which may become apparent and any
opinions expressed in it are subject to change without notice.

References in this announcement to other reports or materials, such as a
website address, have been provided to direct the reader to other sources of
information on Bloomsbury Publishing Plc which may be of interest. Neither the
content of Bloomsbury's website nor any website accessible by hyperlinks from
Bloomsbury's website nor any additional materials contained or accessible
thereon, are incorporated in, or form part of, this announcement.

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