Daily Mail and General Trust has warned of “uncertain” advertising markets since March.
group reported adjusted profit before tax for the six months to April
up seven per cent to £114.5m on turnover up one per cent to £1,062
boosted by a “good trading performance”from its B2B division and Euromoney Institutional Investor.
But the company has warned that “recent assessments of consumer confidence are not encouraging”.
newspaper division reported operating profit down £1.7m on the same
period last year to £48.5m on turnover up one per cent to £458m.
Operating profit at Northcliffe Newspapers was up £0.1m to £46.7m on turnover unchanged at £257m.