Telegraph Media Group reports £57m pre-tax profit for 2013

tmg_logo_1674990gTelegraph Media Group has reported largely flat revenues and profit for the 52 weeks to 29 December 2013, as falls in print ads were offset by savings in production and rising digital revenues.

TMG recorded operating profit before exceptional items has increased by £2.7 million (+4.6%) to £61.2 million for the period, compared with an operating profit before exceptional items of £58.5 million in 2012. Turnover for group which publishes the Daily Telegraph, Sunday Telegraph and fell to £325.2 million, down -0.7% year on year.

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