INM reports fall in operating profits for 2011

Independent News & Media has reported operating profits of €75.5m for the year to end December, 2011, a fall of 8.6% on 2010.

INM reports fall in operating profits for 2011
Thu, 22 Mar, 2012 - 08:21

Independent News & Media has reported operating profits of €75.5m for the year to end December, 2011, a fall of 8.6% on 2010.

In annual results published this morning the company said revenues for the year were €558m, down 10.9% on the previous year, as "challenging trading conditions" continued in Ireland.

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