Bloomsbury Publishing (GB:BMY) has released an update.
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Bloomsbury Publishing reported a record-breaking first half of 2024, with a 32% increase in revenue to £179.8 million and a 50% rise in profit to £26.6 million, driven by the strong performance of its fantasy fiction and successful acquisitions like Rowman & Littlefield. The company continues to thrive with strategic shifts towards digital resources, securing prestigious awards, and enhancing its growth infrastructure. Bloomsbury’s impressive results have led to an upgrade in full-year expectations, showcasing its robust position in the global publishing market.
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