Print advertising market weaker, says INM
Distribution arm drives revenue higher in first four months
Independent News & Media (INM) has said that conditions in its markets remained tough in the first four months of this year, with continuing volatility in the print advertising market leading to a decline in overall advertising revenue.
In a statement released ahead of its shareholder meeting in Dublin, INM chairman Leslie Buckley said pre-tax profits for the full year were expected to be within the range of market expectations at this point.The group performed strongly last year, with 19.4 per cent increase in profits.
