StockMarketWire.com - Bloomsbury Publishing's operating profits for the four months to the end of December were up on a year ago.

It says this was due to lower relative costs of production in the new digital environment and a lower returns rate as the proportion of online sales increased, in spite of a 2% decrease in title sales.

Key title sales - which excludes rights and services - in this period have come from Paul Hollywood's 'How to Bake', Hugh Fearnley-Whittingstall's 'Three Good Things' and J.K.Rowling's 'Hogwarts Library'.

E-book sales continue to show good momentum growing by 58% year on year, in the four months ended 31 December, particularly in the UK.


At 8:00am: [LON:BMY] Bloomsbury Publishing share price was +1p at 117.5p



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