Shares of publishing house Bloomsbury Publishing powered ahead as investors cheered confirmation that it expects full year results to be in line with expectations.
The London based group, which has seen a boom in electronic books, said post-Christmas digital sales and print returns were on budget. Bloomsbury said it has also reached its Rights and Services income budget for the year.
Key book titles for the year included Paul Hollywood's How to Bake, Hugh Fearnley-Whittingstall's Three Good Things and J.K. Rowling's Hogwarts Library.
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The group's results for the year ended February 28th 2013 will be announced on May 21st 2013.
CJ
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