B2B drives growth at DMGT
With just one month of its financial year to go The Daily Mail and General Trust (DMGT) said its full-year outcome is set to be in line with market expectations.
With just one month of its financial year to go The Daily Mail and General Trust (DMGT) said its full-year outcome is set to be in line with market expectations.
The Daily Mail publisher and exhibitions organiser said underlying revenue was up 3% year-on-year.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Net debt is expected to be less than £700m at the financial year-end.
Martin Morgan, Chief Executive, said: "The consumer business delivered a resilient performance and also benefited from incremental revenue from the Olympics.
"Going forward our focus will remain on driving organic growth, operational and financial efficiency and pursuing an active portfolio management approach."
More to follow ...
JH
-
Boost for over 100,000 families on Child Benefit as new HMRC payment system rolled outThousands of households will no longer have to pay the dreaded High Income Child Benefit Charge through self-assessment
-
Are you being haunted by the ghost of Christmas past? How festive cutbacks could boost your long-term wealthThe average family spends around £1,000 over the Christmas season. Here’s how much you could have gained if you had invested some of the money instead.
