Financial highlights
The highlights for the year ended 28 February 2013 include:
Continuing profit before tax and highlighted items up 3% to £12.5 million (2012: £12.1 million)
Continuing profit before tax up 16% to £9.8 million (2012: £8.5 million)
Continuing turnover up 1% to £98.5 million (2012: £97.4 million)
Total dividend increased by 5.8% to 5.50 pence per share (2012: 5.20 pence per share)
Net cash increased to £14.6 million (2012: £12.6 million)
Operating highlights
Academic & Professional business fulfilling promise
o Successful development of academic list integrated with trade
o Voted Academic, Educational and Professional Publisher of the Year at the Bookseller Industry Awards
o Bloomsbury Academic & Professional voted Publisher of the Year by the Independent Publishers Guild
o Now generates 29% of continuing Group sales (2012: 24%)
o Acquisitions of Fairchild Books and Applied Visual Arts Publishing
Digital sales continuing to flourish
o Huge e-book growth with sales increasing by 61% to £9.1 million (2012: £5.7 million)
o Innovative online knowledge hubs including The Churchill Archive and Drama Online
