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Bloomsbury Publishing has joined the FTSE 250 Index, a stock-market index that lists 250 mid-size companies – the largest ones after the FTSE 100.
The publisher was included as a constituent of the index with effect from 1st August 2024.
According to the company, FTSE 250 inclusion is a "significant milestone" and builds on the growth Bloomsbury has achieved to date. It said this was the outcome of its "entrepreneurial diversification strategy" across consumer and academic publishing.
A spokesperson added: "We’re confident that our resilient business model can deliver continued success over the long-term, and we look forward to engaging with a wider potential investor base."
The company has been going from strength to strength this year. In May, Bloomsbury acquired Rowman and Littlefield’s academic publishing business in its largest deal to date. Meanwhile, the publisher’s board considers current consensus market expectation for the year ending 28th February 2025 to be revenue of £319.3m and profit before taxation and highlighted items of £37.6m.