Newspaper group reports higher profits

Daily Mail & General Trust today said it saw a record full-year performance from its Daily Mail and Metro newspapers as it reported a 23% leap in profits.

Newspaper group reports higher profits

Daily Mail & General Trust today said it saw a record full-year performance from its Daily Mail and Metro newspapers as it reported a 23% leap in profits.

The group posted underlying pre-tax profits of £247m (€292.5m), against £201m (€238m) a year earlier, thanks to heavy cost cutting and a rebound in advertising revenues.

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