Image source: Getty Images
Bloomsbury Publishing (LSE:BMY) is a relatively recent addition to the FTSE 250. But the stock fell almost 20% after the firm’s full-year results before going on to finish the week 20% down.
While the last year was a difficult one for the company in terms of its financial performance, I think there are a number of reasons to be positive. And investors might not have to wait around too long.
Weak results
In the 12 months leading up to the end of February 2025, Bloomsbury’s revenues climbed 5%. By itself, that’s not a bad result, but there were some concerning signs beneath the surface.
While total revenues in the company’s academic publishing division were up, this was largely due to the acquisition of Rowman & Littlefield. Organic sales, by contrast, fell 10%.
Bloomsbury attributed this to the increasing shift from print publications to digital ones. Academic…
