Published Date:
18 September 2008
NEWSQUEST (Herald & Times), owner of The Herald, Sunday Herald and Glasgow Evening Times newspapers, has announced a fall in profits and a £1.5 million decline in turnover.
US media giant Gannett, which owns the titles, unveiled pre-tax profits of £23.8m, down from £24.1m for its Scottish arm. Turnover declined to £86.8m to December 30 2007, compared to £88.3m to the end of December the year before.
The three Scottish titles accounted for 26.7 per cent of Gannett's UK profits last year.
The full article contains 93 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
18 September 2008 10:34 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
