Irish Times Group records €2.9m profit as revenues and costs increase

Energy and newsprint costs have risen three-fold
Irish Times Group records €2.9m profit as revenues and costs increase

The company repaid €2.6m in Covid supports.

Thu, 24 Nov, 2022 - 16:27
Alan Healy

A 22% growth in digital subscription revenues helped the Irish Times Group record an operating profit of €2.9m last year.

New accounts show Irish Times DAC, owners of the Irish Times, Irish Examiner, The Echo and other regional titles, record turnover of €107.5m, a 6.4% increase compared to 2020.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

Benefit image

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Heineken to cut 6,000 global jobs despite surge in sales of Murphy's Stout Heineken to cut 6,000 global jobs despite surge in sales of Murphy's Stout
Tines takes workflow automation to brave new heights Tines takes workflow automation to brave new heights
Granite Digital's phenomenal rise is building global momentum  Granite Digital's phenomenal rise is building global momentum 
<p>Manna is a BVLOS drone operator. BVLOS operators do not maintain direct visual contact with flying drones, with one pilot often flying multiple drones simultaneously.</p>

Drone delivery firm Manna seeks permission to fly in Cork airspace 

READ NOW

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Latest

Business

Push Notifications

By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.

Sign Up

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Fergus Finlay
Fergus Finlay

Analysis

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Love your Irish Examiner newspaper? We'll deliver it straight to your door for free.

SIGN UP TODAY

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited