Wireless Group first-half pre-tax profit slips to £4.5 million

The radio group reported revenue of £38.2 million in its last set of results as an independent company

22nd August, 2016
News Corp is acquiring Wireless Group for £220 million

Wireless Group, formerly UTV Media, has reported a pre-tax profit of £4.5 million (€5.2 million) for the first half, down from a restated £5 million for the same period a year earlier, in its last set of results as an independent company.

The firm, which is being acquired by News Corp in a £220 million all-cash offer worth 315 pence per share, said revenue from continuing operations...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Jack Dorsey is leaving Twitter but what comes next?

The Big Interview: Brian Stafford, chief executive of Diligent Corporation

Elaine Byrne: Ethics watchdog is a bystander when it comes to misbehaviour

Editorial: Voters reluctant to fork out for full cost of a united Ireland