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IN BRIEF: Bloomsbury Publishing secures Amazon deal, confirms outlook

24th Jan 2025 08:31

Bloomsbury Publishing PLC - London-based book publisher - Says it has reached a new long-term supply agreement with Amazon.com Inc, without providing details. In a brief stock exchange announcement, Bloomsbury also says it is confident in meeting market consensus forecasts for financial 2025, which ends on February 28. It says those expectations are for profit before tax and one-off items of GBP39.6 million on revenue of GBP334 million. This will be down from GBP48.7 million and GBP342.7 million, respectively, in financial 2024.

Current stock price: 650.97 pence, down 0.5% early Friday in London

12-month change: up 40%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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