Britain's Bloomsbury Publishing said today its annual trading will beat market expectations, on the back of robust demand for its fiction titles and newly-expanded academic books.
The publishing house, which has a track record of exceeding expectations, has seen profit soar from demand for Sarah J Maas' 'romantasy' titles like the "A Court of Thorns and Roses", or ACOTAR, series.
It has also recently expanded into the arena of academic books and digital resources, with hopes to expand the latter to universities and academic institutions globally.
Bloomsbury considers consensus market expectation for the year ending February 28 prior to today's announcement to be revenue of £333.4m and pre-tax profit of £39.6m.
