Independent Newspapers Maintains Global Pace
Independent Newspapers, the Irish-based newspaper group, yesterday underscored its rapid development into an international media group with news of a 47 per cent increase in pre-tax profits for last year to Irpounds 73.5m.
Liam Healy, the chief executive, said the group was well positioned to achieve further profitable growth in the current year.
With the company's recent acquisition of Wilson & Horton in New Zealand contributing to results for a full year for the first time, some analysts are predicting that group profits could rise to as high as Irpounds 100m this year. New Zealand is also predicted to become the company's biggest source of profits for the …
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Publication information: Article title: Independent Newspapers Maintains Global Pace. Contributors: Not available. Newspaper title: The Independent (London, England). Publication date: March 2, 1997. Page number: 21. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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