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Bloomsbury Publishing flags better-than-expected profits as its bestsellers attract more readers

Bloomsbury Publishing flags better-than-expected profits as its bestsellers attract more readers

Bloomsbury Publishing chief executive Nigel Newton joined Proactive's Stephen Gunnion with details of a trading update for the year to end-February, which detailed profit that was materially ahead of market forecasts as recent sales came in higher than expected.

Newton telling Proactive that Bloomsbury's best selling fiction and non-fiction literature have contributed to the strong sales as its editors select the "books of the moment" that people really want to read.