Sport Media Group posts healthy pre-tax profits

Sport Media Group, owners of the Daily Sport and Sunday Sport, yesterday posted a pre-tax profit of more than £6m, before exceptional items.

In a short trading update on the company’s investor site, Sport Media Group said it was pleased with the figures,  for the six months to July, and that the board is optimistic for the year ahead.

It is now one month on from the rather unexpected news, broken on PressGazette.co.uk, of former Cambridge Evening Post editor Murray Morse joining the papers as editor-in-chief. The company said it has already seen some “encouraging responses to the changes he has made”.

The company’s annual report is out in November,

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