Radio group continues to struggle

British Radio group Gcap Media painted a gloomy picture today as it posted plummeting profits and admitted the advertising market remained tough.

Radio group continues to struggle
Tue, 28 Nov, 2006 - 07:52

British Radio group Gcap Media painted a gloomy picture today as it posted plummeting profits and admitted the advertising market remained tough.

The UK’s largest commercial radio company, which owns Capital Radio and Classic FM, said half-year pre-tax profits to September 30 fell 32% to £8.4m (€12.4m).

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CourtsBusinessHeathrowPlace: UKOrganisation: BritishOrganisation: Gcap MediaOrganisation: Capital RadioOrganisation: Classic FM
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