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Bloomsbury Publishing is sticking with its full-year guidance, helped by ongoing AI licensing revenue and growth in its Academic & Professional division. The publisher expects adjusted profit of about £49.9 million (about $67.3 million) this year, up from £44.9 million last year, despite a consumer division that is still waiting for big fantasy releases and fresh Harry Potter momentum. The lesson is simple. Magic wands are nice, but licensing your back catalogue to AI companies may be the new enchanted object.
Bloomsbury said it remains confident of meeting full-year market expectations after the first four months of its financial year.
The London-listed publisher, best known as the UK home of Harry Potter and the publisher of Sarah J. Maas, said consensus expectations stand at revenue of £354.2 million and adjusted profit of £49.9 million for the year to February 2027.
That would compare with revenue of £325.9 million and adjusted profit of £44.9 million in the previous financial year.