Channel 5’s record figures lift Northern & Shell into profit

N&SNorthern & Shell, the owner of Express Newspapers and OK magazine, reported a pre-tax profit of £43.9 million in 2013, up from £20.1 million pre-tax loss in 2012 after record figures at Channel 5. Northern & Shell, which also owns the Daily Star newspapers, made an operating profit of £37.1 million in 2013, up from an operating loss of £5.6 million in 2012.

Northern & Shell, the owner of Express Newspapers and OK magazine, reported a pre-tax profit of £43.9 million in 2013, up from £20.1 million pre-tax loss in 2012 after record figures at Channel 5.

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