Bloomsbury increases 2013 interim dividend by 4%

DividendMax Ltd.

Bloomsbury increases 2013 interim dividend by 4%

Financial highlights

Turnover £49.2 million (2012: £43.5 million) +13%

Profit before taxation and highlighted items* £2.8 million (2012: £2.1 million) +33%

Profit before taxation £1.1 million (2012: £0.9 million) +33%

Interim dividend pence per share 0.98 pence (2012: 0.94 pence) +4%

Diluted earnings per share before highlighted items* 2.89 pence (2012: 2.13 pence) +36%

Diluted earnings per share of 1.17 pence (2012: 0.84 pence) +39%

Operating highlights

Academic and Professional business growing

o Division now represents 43% of Group adjusted operating profit (2012: 27%)

o Acquisition of the academic law publisher, Hart Publishing, for up to £6.9 million

o Drama Online subscriptions exceeded expectations

o Winner of IPG Independent Publisher of the Year, Frankfurt Book Fair Academic & Professional Publisher of the Year and Academic, Educational and Professional Publisher of the Year

Adult division excellent first half sales and profits, strong second half list

o The Signature of All Things - Elizabeth Gilbert

o MasterChef: the Finalists

o Paul Hollywood's Pies and Puds

o Tom Kerridge's Proper Pub Food

Bestsellers across the Group include:

o And the Mountains Echoed- Khaled Hosseini

o Crown of Midnight - Sarah J. Maas

o Shh! Don't Wake the Royal Baby - Martha Mumford and Ada Gray

o MaddAddam - Margaret Attwood

o The Bone Season - Samantha Shannon

Companies mentioned