Harry Potter publisher raises profit view as reading picks up during lockdowns
By Reuters - 24 March 2021 - 09:41
Harry Potter publisher Bloomsbury said on Wednesday profit for fiscal year 2020 will be significantly above market expectations as a surge in reading during the lockdown continued.
"The popularity of reading during lockdown is a ray of sunshine in an otherwise very dark last year," Chief Executive Nigel Newton said, adding that February, the final month of its financial year, saw exceptional sales.