Golden Pages firm slips into the red

The firm that produces the Golden Pages directory slipped into the red last year after a further slump in revenues.

New accounts filed by FCR Media to the Companies Office show the firm recorded a pre-tax loss of €1.46m. This followed a pre-tax profit of €1m in 2012.

It recorded the loss after revenues fell by 16% from €20.78m to €17.32m in the 12 months to the end of December. This followed a 19.5% drop in revenues in 2012 from €25.8m to €20.7m.