The Telegraph Media Group made pre-tax profits of £57m last year, it has reported, down slightly from 2012.
The newspaper publishing company behind the Telegraph and the Sunday Telegraph, saw pre-tax profits fall by £0.2m on the previous year, with an operating profit of £57.8m for its year ended 29 December 2013.
Turnover declined by 0.7 per cent to £325.2m as the year-on-year decline in advertising revenues continued to impact, buoyed slightly by an increase in circulation revenue.
Print revenue was also mitigated by growth in digital revenue, the company added, having introduced a metered pay wall in Read full story ›
Source: The Drum
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