Bloomsbury Anticipates Strong Results

Jan 26, 2022

Bloomsbury Publishing issued a pre-year end trading update for the 12 months ending February 28, 2022 and is anticipating strong sales. It noted that its Bloomsbury Digital Resources division would generate £15 million in sales and £5 million of profit by the end of the period. Of even more important not is that Bloomsbury completed the purchase of ABC-CLIO on December 16, 2021, for £17.3 million in cash. ABC-CLIO is an established academic publisher of reference, nonfiction, online curriculum and professional development materials in both print and digital formats for schools, academic libraries and public libraries, primarily in the USA. 

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