Daily Mail & General Trust DMGT reported its results this morning. Highlights include the performance of MailOnline, the free market-leading UK newspaper website that boasts more than 100 million unique browsers a month, according to audited figures.
However, the MailOnline revenue figure of £28m is still dwarfed by print advertising figures on the groups national newspapers. By comparison, advertising revenues at Metro, Daily Mail and Mail on Sunday totally more than £300m in the year.
Operating profits at Northcliffe Media swelled 54% to £26m, helped by restructuring of the business, including axing 324 staff, ahead of the sale of the titles. DMGT said profits were also helped by digital revenues at the titles.
Click here for the full article: MailOnline revenue surges 74% to £28m – Brand Republic News.