Join our community of smart investors

More magic at Bloomsbury

The recent acquisition of IBT Tauris and its potential impact on earnings has sent the publisher's share price up 24 per cent in just two weeks
May 22, 2018

If the saga of a pre-pubescent necromancer represents the pinnacle of children’s book publishing, as the devotees of the Harry Potter series would have us believe, then Bloomsbury Publishing (BMY) has certainly conquered (and re-conquered) that particular summit. Nigel Newton’s decision to publish the adventures of the boy wizard has provided more than two decades of revenue growth. And the magic keeps on coming – a special anniversary edition of the first book helped send children’s full-year revenues up 24 per cent to £69.2m.

IC TIP: Buy at 219p
This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in