Newspapers see revenue fall for second year

The publishers of the Irish Daily Mail and Irish Mail on Sunday have seen revenues decrease for the second successive year.

Documents filed with the Companies Registration Office show Associated Newspapers (Ireland) recorded turnover of €18.27m in 2013; a cut in revenue of more than €950,000 from the previous year.

Despite lower revenues, the publishers turned a pre-tax profit of €1.92m in the year as a result of cost-cutting measures.