Immediate Media has reported a 75% rise in profits to £14.3m in its last financial year. Immediate Media, which struck a £121m deal with BBC Magazines to buy, licence or contract publish its 34 titles in 2011, saw group operating profits rise from £8.2m to £14.4m in the year to the end of March 2014
One stand-out feature was the plunge in the profitability of the Sun, where operating profits were down to £35.6m from £62.1m in 2013. The Sun’s revenues fell 5.5% to £489m, due, says the report, “to continuing market decline in newspaper circulations, particularly for the popular segment” For the full story read The Guardian
A who’s who of technology and media heavyweights, including Ashton Kutcher, Bill Gates, Twitter co-founder Ev William and entrepreneur Richard Branson, have joined a $25m (£16m) funding round in the social activism platform Change.org.
Judging by the share price, you’d assume exhibition organiser ITE was in crisis. In fact it’s just reported a record (adjusted) profit. The company is weathering a geopolitical storm, but it’s faced challenges like this before
Times Newspapers (TNL) has posted a £1.7m operating profit for the year ending 30 June 2014, its first profitable year since 2001
TE has reported revenues of £175m (2013: £192m), and record headline profits before tax of £60m (2013: £59m) for the 2014 financial year
Shares in UDG Healthcare jumped about 6pc at one stage yesterday after the company said that revenue had risen 5pc to €2.1bn in the financial year to the end of September, while adjusted operating profit rose 9pc to €102.6m. The group was spurred by its Ashfield and Sharp Packaging divisions.
Euromoney is looking to acquire more financial information providers, after taking a $59m stake in the recent buy-out of Dealogic
Informa’s share price fell 7 per cent on Tuesday after the UK business media and events group announced a share sale to fund the acquisition of a US trade show operator for £237m
In an RNS interim management statement Christopher Satterthwaite, CEO of Chime Communications, said: “We have experienced very strong growth in 2014, although it is frustrating that two of the Sport and Entertainment contracts will now fall into the 2015 financial year. Whilst this will affect our profit projections for 2014, our prospects for 2015 remain […]
In an RNS trading update Trinity Mirror said print ad sales had fallen 12 per cent year-on-year in the 17 weeks since June. Reacting to the news, Trinity’s share price fell 3% on Monday.
In an interim RNS about trading in the last 4 months, Centaur reported that underlying revenues increased by 6% in the period, a significant improvement relative to the negative trends reported over the last 18 months
In an interim RNS about trading in the last 4 months, Centaur reported that underlying revenues increased by 6% in the period, a significant improvement relative to the negative trends reported over the last 18 months
Havas Group continued its 2014 turnaround in the third quarter, posting an 8% revenue gain to 447 million Euros or about $554 million at today’s exchange rate. The company reported organic revenue growth for the period of 6%. For the first nine months, Havas reported a 4.4% revenue gain to just over 1.3 billion Euros, […]
Commenting on the strategy update, Tim Cobbold said: “Events First recognises that the Events industry is a highly attractive,
growing, global industry in which UBM is already a leading player. We have the
opportunity to establish UBM firmly as the leading B2B events business globally
and thereby to create substantial value for shareholders.”
Commenting on the strategy update, Tim Cobbold said: “Events First recognises that the Events industry is a highly attractive,
growing, global industry in which UBM is already a leading player. We have the
opportunity to establish UBM firmly as the leading B2B events business globally
and thereby to create substantial value for shareholders.”
On an organic sales basis, which includes the full impact of digital billings, WPP was up 7.6%
Digital income climbs 19.5% as regional newspaper publisher reports it is taking first Sky AdSmart local TV ad bookings
Revenue between July and the end of September was €1.75bn, just 1 per cent higher than a year earlier in organic terms
bringing nine month organic revenue growth to 5.9% in FYR 14
