New challenges for slimmed-down INM
2016 was a rough year for Independent News & Media. Ahead of Tuesday’s preliminary results, we examine the challenges facing INM
Independent News & Media (INM), which owns the Irish Independent, Sunday Independent, the Herald and a host of other print and digital media assets, posted what were seen as largely positive results for 2015, with profit-before-tax growth of almost 30 per cent to €37.4 million and a net cash pile of nearly €60
million.
Currently, INM’s market capitalisation is around €152 million. Its cash pile is expected to rise to around €80 million ...