Daily Mail profits climb despite slow ad recovery

Daily Mail & General Trust reported a 29% increase in half-year profits today, despite only seeing a “patchy recovery” in the advertising market.

The media group, which publishes the Daily Mail, the Mail on Sunday and the London Evening Standard, said the majority of its businesses enjoyed a good first half, with overall profits for the six months to April 4 improving to £107.3m (€161.6m) from £83.4m (€125.6m) last time.