Growth in the non-consumer divisionShares up 11% over the past yearCash generation helped pay down debtShares in Bloomsbury (BMY) gained over 6% to 615p in morning trading as the publishing outfit reported full year trading ahead of consensus expectations following a strong second half.Consensus market expectations for the year ending 28 February are for revenue of £333.4 million and pre-tax...

Just over five years ago the stock market began to react in earnest to news of the Covid pandemic.The sell-off was short and sharp, with a modest recovery from the lows in the spring followed by sharper gains in November 2020 after AstraZeneca (AZN) made a vaccine breakthrough.However, a large number of UK stocks are still trading below the levels they were at by the close of trading on 21...

Hotter-than expected UK inflation for January, with headline CPI up 3% year-on-year versus the 2.8% expected, combined with a volatile geopolitical backdrop, means investors should be seeking ways to protect their income.Shares has long championed the unique advantage investment trusts have when it comes to paying regular and progressive dividends, since these funds are able to hold back up to...

Long-term supply agreement reached with AmazonConfident in meeting full year expectationsBloomsbury shares up 43% over the past yearShares in Bloomsbury (BMY) were up over 2% to 670p in early morning trading as the publishing group said it had reached a new long-term supply agreement with Amazon (AMZN:NASDAQ).The company also reaffirmed confidence in meeting consensus market expectations for...

Bloomsbury (BMY) 700pMarket cap: £571 million Publishing group Bloomsbury (BMY) is a pandemic winner which has kept on winning since Covid.Lockdown saw people rediscover their love of reading, and the company has tapped into and exploited through successful marketing some popular trends in fiction which have helped drive a big increase in returns.That has meant Bloomsbury's return on capital...

Investors in fantasy and fiction publisher Bloomsbury (BMY) are living in a dream world at the moment as the group continues to book double-digit annual growth in both sales and earnings and raise its outlook, sending its shares to a record high of 758p.For the first half to the end of August, revenue grew 32% to a record £180 million and profit leapt 50% to £26.6 million, partly due to the...

Shares in Bloomsbury (BMY) gained more than 10% last week as the publisher increased its footprint in North America with a strategic acquisition. Bloomsbury shares have gained nearly 30% year-to-date.The successful publisher of science fiction and fantasy books showed investors it was intent on diversifying its revenue base and increasing its digital offering with the £65 million purchase of...

Move strengthens US footprintAdds over 40,000 academic titlesBloomsbury shares gain on dealPublishing house Bloomsbury (BMY) announced this morning it had agreed to buy academic publisher Rowman & Littlefield for £65 million.Bloomsbury is financing the acquisition from its own cash resources and a new £30 million three-year term loan with Lloyds Bank (LLOY).The acquisition marks another step...

The world of fantasy is clearly having a moment. The rise of ?romantasy? authors like Sarah J Maas, who has been a big part of UK publishing outfit Bloomsbury?s (BMY) recent success, have taken the genre out of its previous male-dominated realm to a whole new audience.Bloomsbury?s surging sales and the ongoing phenomenon that is Games Workshop (GAW) are two examples on the UK market which show...

Shares in publishing outfit Bloomsbury Publishing (BMY) hit a record level on 14 February after the firm raised its guidance for the year ending 29 February 2024.Over the past year, Bloomsbury shares have gained 22% and over five years 137% to sit at 536p. The publisher has clearly benefited from the revival of reading which started during the pandemic and the ability to tap into popular...

Investors reacted positively UK annual inflation holding steady last month, defying expectations of an acceleration and prompting local stocks to rise.The FTSE 100 index closed up 56.12 points, 0.8%, at 7,568.40. The FTSE 250 ended up 80.06 points, 0.4%, at 19,003.89, and the AIM All-Share closed up 3.21 points, 0.4%, at 750.45.The Cboe UK 100 ended up 0.7% at 755.91, the Cboe UK 250 closed up...

A more favourable than feared UK inflation reading bolstered London-listed equities heading into Wednesday afternoon, as stocks recovered from a red-hot US consumer price index print on Tuesday.Housebuilders were particular beneficiaries, on hopes the Bank of England can begin cutting rates soon. The yearly inflation rate in the UK is still running at double the Bank of England?s 2% target,...

Fantasy and sci-fi demand lift salesRevenue of £291.4 million expectedShares gain 7% to new life-highShares in Bloomsbury Publishing (BMY) were up over 7% to a new all-time high of 527p in morning trading as the book publisher said it expected revenue and pre-tax profit to be ?significantly ahead' of upgraded market expectations for the year ending 29 February 2024.The book publishers? board...

Bloomsbury set to report £30 million profit and outline digital growth plansThe publisher is seeing strong demand from both consumer and academic marketsLife has gone particularly well for publishing company Bloomsbury (BMY). The reading boom during the pandemic has not faded away. Demand from consumers and students for books has remained strong despite the cost-of-living crisis. Bloomsbury's...

- Shares rise more than 8% in morning trading- Profit and revenue to be ahead of expectations- New platform launched for streaming academic contentShares in Bloomsbury Publishing (BMY) were heading higher as the company brought forward a scheduled trading update to announce full-year profit would be ahead of expectations.The shares rose more than 8% to 455.81p in morning trading as the Harry...

Learning good habits at an early age can pay dividends later in life, as Richard from North Somerset has found out. The investor regularly reinvests dividends from his portfolio to compound his returns.Rather than spend the cash now, he would rather use it to buy more shares so the next round of dividends might be even bigger than the last.Richard is 36 years old and works as a locum for a...

-Trading update confirms strong sales momentum-Management see full year sales of £242.6 million-Digital Resources benefiting from acquisitionsThe Covid-19 pandemic created a new cohort of book enthusiasts.Today's trading update from Bloomsbury Publishing (BMY) for the four months through June 2022, confirms the strong demand for books with sales growing 27% year-on-year.Bloomsbury management...

- Full year results ahead of expectations- Reading trend persists- Recent acquisitions help drive growthShares in Bloomsbury Publishing (BMY) jumped 5% to 399.5p following the announcement of full year results ahead of expectations. The shares have risen 19.2% over the last six months.Sales increased by 24% to £230 million, which was marginally ahead of forecasts. Pre-tax profit of £22.2...

Sanford DeLand's CFP SDL UK Buffettology (BF0LDZ3) and CFP SDL Free Spirit (BYYQC27) funds have forged top-notch long-term performance records since respective launches in 2011 and 2017 thanks to the unwavering pursuit of 'Business Perspective Investing', a quality-focused approach championed by 'Sage of Omaha' Warren Buffett and Charlie Munger.Unusually however, both portfolios managed by...

Bloomsbury Publishing (BMY) 403.2pGain to date: 42.5%Original entry point: Buy at 283p, 4 February 2021Our faith in Bloomsbury Publishing (BMY) continues to be rewarded with another encouraging trading update (30 Mar).The company guided for revenue to be 'comfortably ahead' and profit 'materially ahead' of consensus expectations for the 12 months to 28 February.A revival in reading seen during...