Harry Potter publisher boosts earnings view as lockdown reading casts a spell

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Bloomsbury Publishing (BLPU.L) declared a special dividend and lifted targets for the current year, after strong book sales during lockdowns drove a 22% surge in the Harry Potter publisher's annual earnings.

A store assistant holds copies of the book of the play of Harry Potter and the Cursed Child parts One and Two at a bookstore in London, Britain July 31, 2016. REUTERS/Neil Halldeclared a special dividend and lifted targets for the current year, after strong book sales during lockdowns drove a 22% surge in the Harry Potter publisher's annual earnings.

"The strength of demand for our titles, in print, e-book and audio, and the surge in sales of our digital products, demonstrate the strength of our long-term growth strategy," Chief Executive Nigel Newton said.

 

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