Irish Times Group increases profits but warns of Covid-19 impact on revenues

The 2019 results include a full year of trading from The Examiner Group

The Group includes the Irish Examiner and The Echo titles.

The Irish Times media group increased operating profits by 46% last year to €3.82m but said it forecasts a significant decline in revenues for 2020 due to the impact of the Covid-19 pandemic.

The company's latest accounts show the group, which includes the Irish Examiner, The Echo and a number of regional titles, increased turnover by 17% to €110.1 million and the group finished the year with net cash of €16.6m.