Profits up at INM, but "lots of headwinds": CEO Pitt

Company is looking to hire a head of mergers and acquisitions

Independent News and Media reported pre-tax profits of €37.4 million in the year up to December 2015, an increase of 19.4 per cent, but more work needs to be done to protect the business in the long term, according to its chief executive Robert Pitt.

“We can still see an awful lot of strong headwinds in print, in publishing circulation and advertising. We think that there’s an awful lot of work to do ...