Daily Mail owner sees 'weak' advertising revenue PDF Print E-mail
Media group Daily Mail & General Trust (DMGT) has said that weak advertising revenues will hit profits this year. 

The newspaper and consumer division has seen revenues fall 3% so far this year, DMGT said in a trading update.

However, the company added that there had been some improvement in national advertising trends since June.

Martin Morgan, chief executive, said a "weak consumer advertising environment means full year group operating profit will be lower than last year".

The media group reports its full-year results on 23 November. In May, it reported half-year pre-tax profits in line with expectations at £73m.

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