Telegraph owner profits up 11 per cent
Friday 18 March 2011
Telegraph Media Group (TMG), the company that publishes The Telegraph newspaper, score a profits rise of 11 per cent last year. The group filed its accounts with Companies House yesterday, which showed pre-tax profits rose from £53.1m in 2009 to £58.9m a year later.
Turnover was up 2.1 per cent year-on-year to £323.8m, helped by the recovery of the advertising market. It added that revenue from circulation and digital operations all grew in 2010. TMG also pointed to cost-cutting and lower newsprint prices behind the company's rise in profits. The company said that on a 52 week basis – there were 53 in 2009 – the group's underlying operating profits were up by half in 2010, "a significant increase in the face of challenges across the industry".
- 1 Tidal launch: The most pretentious lines from Alicia Keys' valedictory speech
- 2 Martha Stewart accuses Snoop Dogg of 'smoking for four hours' during Justin Bieber Roast
- 3 Trevor Noah: Jon Stewart's replacement faces online criticism over 'anti-Semitic' tweets
- 4 Turkey power cut: Prime Minister says nationwide blackout could be caused by terrorists
- 5 Gamers confess the worst things they've done in The Sims
Costa Concordia: Shipment of Mob drugs was hidden aboard cruise liner when it hit rocks off Italian coast, investigators say
Martha Stewart accuses Snoop Dogg of 'smoking for four hours' during Justin Bieber Roast
University of Cambridge: Remains of 1,300 scholars are found under building
Jeremy Clarkson 'could be given minder' ahead of a potential Top Gear return
Turkey power cut: Prime Minister says nationwide blackout could be caused by terrorists
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
Street preacher quoting from the Bible fined for calling homosexuality an 'abomination'
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
The West has it totally wrong on Lee Kuan Yew
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
iJobs Money & Business
£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50,000 - £55,000: Neil Pavier: Are you a professionally qualified commercial ...
£45,000 - £55,000: Loren Hughes: Are you looking for a new opportunity that wi...
Circa £45,000-£50,000 + benefits: Sheridan Maine: Are you a newly qualified ac...