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Daily Mail publisher reports 38% drop in earnings

Mon, 23rd Nov 2020 07:33

LONDON, Nov 23 (Reuters) - The publisher of Britain's Daily
Mail reported a 38% drop in adjusted operating profit
to 90 million pounds ($120 million), at the top end of guidance,
as its media, exhibitions and UK property information units were
impacted by the pandemic.

It reported revenue of 1.2 billion pounds, down 10% on an
underlying basis, for the year to Sept 30.
($1 = 0.7511 pounds)
(Reporting by Paul Sandle
Editing by William Schomberg)

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