APN announce record profits

APN News & Media, in which Independent News & Media has a 38.3% shareholding, today announced a record interim net profit after tax and before non-recurring items of AUD$73.2m (€45.2m) for the six months ended June 30 2007, up 5% on the prior year.

The Directors have today declared an unfranked interim dividend of 10.5 cents per share, up 8% on the prior year.