‘Times’ in €1m profit due to surge in digital revenues

The publisher of the Irish Times has said it made an operating profit of more than €1m last year thanks to a surge in digital revenues.

The result for Irish Times DAC followed an operating loss of €1.1m in 2015.

According to a report on irishtimes.com, overall revenues at the group, which includes the property website Myhome.ie, fell by almost 2% to €82.1m. Advertising revenues were down 3.6% while consumer revenue, including newspaper sales were down 4.3%.