INM Q1 profit down

Independent News and Media (INM) has reported profit after tax and exceptionals of €87.3m for the six months to June 30, down 29.7% on the 2005 figure of €124.1m.

INM Q1 profit down

Independent News and Media (INM) has reported profit after tax and exceptionals of €87.3m for the six months to June 30, down 29.7% on the 2005 figure of €124.1m.

However, the company points out that last year’s sale of iTouch for €62.7m accounts for the decrease.

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