INM sees 52% dip in profits

Independent News & Media has announced a 52% drop in operating profits to €73.2m (from €153.8m) for the six months to the end of June.

INM sees 52% dip in profits

Independent News & Media has announced a 52% drop in operating profits to €73.2m (from €153.8m) for the six months to the end of June.

After-tax losses amounted to €34.7m in the period. Earnings per share are 1.4c from 7.5c.

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