Bloomsbury has reported better-than-expected profits for 2008 in its first year in the "post-Harry Potter era".
The publisher reported a pre-tax profit of £11.63m, down from £17.86m in 2007, when earnings were boosted by sales of Harry Potter and the Deathly Hallows.
Analysts had forecast an annual profit of about £10.8m.
The company said it had the right strategy in place, as well as a great stable of authors, to weather challenging market conditions.
Bloomsbury had the two highest-selling books of the year in the Times bestsellers' list, with A Thousand Splendid Suns by Khaled Hosseini and JK Rowling's The Tales of Beedle the Bard.
The company had a strong pipeline of new releases planned for 2009, it added.
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