Partner Article

Daily Mail publisher benefits from Olympics

The Daily Mail & General Trust has reported an underlying advertising revenue rise of 7% over the summer, owing to the Olympics.

While revenues across DMGT’s Northcliffe Media operation declined 10%, ad revenues at Associated Newspapers, including Daily Mail, Mail on Sunday and the Metro, rose by 7% in July and August.

Martin organ, chief executive, said: “DMGT has delivered a solid revenue performance over the year to date, driven by continued strength in our B2B operations. The consumer business delivered a resilient performance and also benefited from incremental revenue from the Olympics.

“We expect our full year results to be in line with market expectations~. Going forward our focus will remain on driving organic growth, operational and financial efficiency and pursuing an active portfolio management approach.”

The organisation have cut around 500 jobs across Associated and Northcliffe operations, and has disposed of brands such as Top Consultant, motors.co.uk and Teletext.

This was posted in Bdaily's Members' News section by Tom Keighley .