5th Mar 2026 13:48
(Alliance News) - Bloomsbury Publishing PLC shares surged on Thursday after it announced the publication dates of Sarah Maas's next two novels and said it expects profit for the year ending in February 2027 to beat expectations as a result.
Bloomsbury shares were up 16% at 549.00 pence on Thursday afternoon in London.
Two new novels in the 'A Court of Thorns and Roses' series by Mass will be published on October 27 and January 12.
She was the highest selling author in the US in 2024 and the number one bestselling fantasy author in the UK in 2025. Bloomsbury published all the 16 previous novels by the American author.
Chief Executive Nigel Newton said: "Fans all over the world are eagerly anticipating reading the next books in the ACOTAR series and we are very excited about this news. Publishing two novels within 11 weeks of each other from a bestselling author is almost unprecedented in publishing history."
Bloomsbury now expects group profit for the year ended last month to be in-line with market consensus, also thanks to a "strong performance" by its academic division.
Looking ahead, the company added that it expects profit for the year to the end of February 2027 to be "materially ahead" of market consensus expectations.
The current consensus was for a pretax profit of GBP44.3 million for financial 2026, and GBP44.5 million for the following year.
Bloomsbury said it will provide further details on it outlook when it releases its yearly results on May 20.
By Martin Miraglia, Alliance News reporter
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