Show Hide image

DMGT: Profits tumble in regions but rise for Daily Mail

Associated Newspapers profits up 18 per cent to £46m.

Profits at Daily Mail and General Trust's Northcliffe regional newspapers division halved to £4m in the first half of this year.

But there was better news for Mail Online, the Daily Mail website, where its 66 million monthly browsers (ABC) helped the national newspapers division to a 50 per cent rise in digital revenue to £8m for the six months to 3 April. Digital does however still remain a tiny proportion of total revenue for DMGT's national titles.

Overal DMGT reported revenue for the period up 3 per cent year on year to £991m and operating profit up 8 per cent to £144m - largely fuelled by its business to business interests.

Read more at the Press Gazette