Bloomsbury profits jump as ‘joy of reading rediscovered’ in lockdown

Harry Potter publisher issues third profit upgrade of 2021 after sales increase to £185m

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Lockdown reading has helped the Harry Potter publisher Bloomsbury to its third profit upgrade of the year after a 22% surge in annual pre-tax profits.

The company said people had “rediscovered the joy of reading” during the coronavirus pandemic, pushing its sales 14% higher to £185m in the 12 months to the end of February.

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