Thursday broker round-up
24th Jan 2019 15:09
(Sharecast News) - Reckitt Benckiser: Jefferies downgrades to underperform with a target price of 5,000p.
Read moreBloomsbury grows underlying profit as adult books fly off shelves
23rd Oct 2018 10:20
(Sharecast News) - Bloomsbury Publishing grew underlying profits 13% in the first half of its financial year as revenues were boosted by books by Kamila Shamsie, Anthony Bourdain and continued sales of 'Harry Potter' books.
Read moreBloomsbury Publishing plots expansion into B2B market
13th Jul 2016 12:55
(ShareCast News) - Harry Potter publisher Bloomsbury Publishing held a capital markets day for investors and analysts on Wednesday to present plans to enter the business-to-business market, while also confirming first-quarter trading remained in line with full year expectations. Bloomsbury unveiled
Read moreBloomsbury moves towards digital B2B after strong FY
19th May 2016 12:43
(ShareCast News) - Bloomsbury, the publisher behind the Harry Potter phenomenon, has turned in an overall strong set of full-year results and launched a 2020 strategy to move into digital B2B publishing. It booked a full-year pretax profit of £10.36m, from a year-earlier profit of £9.60m, with reven
Read moreSunday share tips: Tate & Lyle, Direct Line and Bloomsbury Publishing
24th May 2015 17:15
Insurer Direct Line's shares are worth holding, according to Midas in the Mail on Sunday. The insurer is part of a new tendency of companies to pay special dividends on top of their two payments per year. Directors have proposed special dividends every year and are expected to pay two for 2015, taki
Read moreBloomsbury first half profits up thanks to string of bestsellers
24th Oct 2013 13:55
Harry Potter publisher Bloomsbury Publishing reported first half profits rose 33 per cent to 1.1m pounds, helped by a string of best sellers including And the Mountains Echoed by Khaled Hosseini and The Bone Season by Samantha Shannon. The publishing house said the proportion of e-books sales compa
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreBloomsbury Publishing ramps up quarterly revenue
11th Jul 2013 11:27
Bloomsbury Publishing said it is trading in line with management expectations as it reported a sharp increase in quarterly revenue. The Harry Potter book publisher said revenues were up by 19% in the three months ended May 31st 2013 year on year after growth across the group. The Adult division
Read moreBloomsbury lifts dividend after e-book success
21st May 2013 08:43
Shares of publishing house Bloomsbury Publishing went through the roof as investors cheered its dividend hike following a surge in e-book sales. The London based firm said continuing pre-tax profit rose 16% to £9.8m for the year ended February 28th 2013 as turnover increased 1% to £98.5m. These fi
Read moreBloomsbury Publishing on track for full year
21st Mar 2013 08:23
Shares of publishing house Bloomsbury Publishing powered ahead as investors cheered confirmation that it expects full year results to be in line with expectations. The London based group, which has seen a boom in electronic books, said post-Christmas digital sales and print returns were on budget.
Read moreThursday tips round-up: Jupiter Fund Management, Experian, Bloomsbury
17th Jan 2013 06:58
Asset managers such as Jupiter Fund Management are not a bad proxy for investing in equities markets, if you believe the more optimistic projections for this year. Jupiter beat market forecasts for the amount of assets under management in the final quarter of last year as retail investors in Britain
Read moreBloomsbury Publishing lifts operating profit
16th Jan 2013 08:22
London based publishing house Bloomsbury Publishing said operating profit from title sales rose year-on-year during the four months ended December 31st 2012, despite a two per cent fall in title sales. Operating profit was boosted by lower relative costs, a lower returns rate and as online sales i
Read moreFriday tips round-up: Unilever, Bloomsbury
26th Oct 2012 08:03
Unilever yesterday announced that it is cutting costs. But it is not the only one, The Financial Times Lex column explains. Colgate Palmolive also said that it planned to cut 6 per cent of its workforce as part of an effort to save 40m dollars a year. Investors have warmed to Unilever of late, despi
Read moreBloomsbury half year profits tumble
25th Oct 2012 13:55
Weak sales at its children's and educational division weighed on first half profit at publisher Bloomsbury as strong demand for the Harry Potter series dwindles. The publisher said pre-tax profit fell to £0.9m in the six month ended August 31st 2012 from £1.5m before. Adjusted pre-tax profit fell
Read moreSunday share tips: Marks&Spencer, Cove, Bloomsbury
15th Jul 2012 16:41
Marks & Spencer's first-quarter trading update was below expectations. UK same-store sales fell 2.8 per cent after a near-7 per cent fall in clothing sales. There was no change to full-year guidance but the changes at the top did not stop analysts taking their red pens to forecasts. Current-year con
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