- Bloomsbury offers print and digital products
- It balances the volatility of trade publishing with consistently high margins from academic publishing
- The US market accounts for about half of its revenues so it isn't overly reliant on the UK
Brendan Gulston, co-manager of WS Gresham House UK Multi Cap Income Fund (GB00BYXVGT82), explains why he invests in Bloomsbury Publishing (BMY).
“Renowned for the Harry Potter series, Bloomsbury Publishing reported its best annual performance to date earlier this year. Alongside its physical print offering, Bloomsbury has embraced the rise of digital media, which has enabled it to grow more sustainably, and take advantage of structural trends across both consumer and academic markets.