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The best stocks to buy since 1993

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Bloomsbury Publishing

July 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • BMY
  • Price:
  • 394p
Bloomsbury continues to shine. As the 25th Harry Potter anniversary draws near, it has just reported its  best ever results with sales up 24% to £230.1m, with the three strategic acquisitions, ABC-CLIO, Red Globe Press list and Head of Zeus, contributing revenue of £17.4m  (i.e. organic sales were +15%). Pretax profit was up 40% to £26.7m and eps of 25.94p were ahead of recently upgraded expectations. A net cash position of £41m helped underpin a full year dividend of 10.7pThe Consumer side grew its sales to £148m (+25% with LFL +18%) boosted by strong titles performance, especially Sarah J Mass; whilst Non-Consumer was £81.9m (+23% with LFL +10%) and saw the benefit of previous digital platform investment. Bloomsbury Digital Resou ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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