Bloomsbury Publishing sees strong trading as book boom continues

Bloomsbury Publishing PLC (LSE:BMY) founder and chief executive Nigel Newton talks Proactive through another strong period of trading for the company.

As the new president of the Publishers Association (PA) Newton says figures have been ‘very buoyant for the industry’ as a whole.

For Bloomsbury, sales in the four months to June 2022 were up 27% on the same period a year ago to £80.3mln, with consumer sales rising 26% and non-consumer up 30%.

Newton hails the success of Paul Hollywood’s Bake – which is now a bestseller as it continues ‘powering out of the shops at the moment!’.

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