Bloomsbury Shares Tumble After Publisher Reveals Lower Profits

Bloomsbury shares tumble after publisher reveals lower profits

Shares in the Harry Potter publisher dropped by around 15% on Thursday morning.

Share Tip: Bloomsbury Publishing – Despite its falling profits are the Harry Potter publisher’s shares worth tucking away after yesterday’s 20% price collapse?

Yesterday morning Bloomsbury Publishing (LON:BMY) declared its results for the year to end-February 2025 – they were disappointing.  In reaction, the group’s shares fell by 20%, from 651p to close at 520p.  The group is a leading independent publishing house, established in 1986, with authors who have won the Nobel, Pulitzer and Booker Prizes, and […] The post Share Tip: Bloomsbury Publishing – Despite its falling profits are the Harry Potter pu…

Harry Potter publisher's profits fall by fifth despite rise in sales

Bloomsbury Publishing - which is also known for the fantasy romance hits by Sarah J. Maas - saw its pre-tax profit fall by almost a fifth to £32.5 million in the year to February 28