Independent News and Media profits up 55%

Before-tax profit at Independent News and Media rose 55% to €189.1m in 2004 from €122m in 2003.

Before-tax profit at Independent News and Media rose 55% to €189.1m in 2004 from €122m in 2003.

In today's preliminary results announcement, the group put the profits surge down to three factors - strong advertising and circulation growth as well as "efficient cost control"

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