DMGT buoyed by profits

Daily Mail publisher DMGT has announced that it expects a big improvement in year-on-year profits when it announces them on 3 October.

The publisher says that advertising revenue in its national newspaper division has increased by 13 per cent in the past three months, while print revenues at papers such as the Daily Mail and Mail on Sunday are up by 10 per cent.

DMGT is expecting to report a £60m gain in year-on-year revenue, offset by £40m operating costs.

(Source: MediaGuardian)

This article appears in issue 254 of Media Digest.

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