TCH predicting a return to profitability for next year

Media group Thomas Crosbie Holdings has reported pre-tax losses of €2.95million last year, but is expecting to return to profitability in 2011.

13th November, 2010

Media group Thomas Crosbie Holdings has reported pre-tax losses of €2.95million last year, but is expecting to return to profitability in 2011.

Group turnover for the year to January 3, 2010, was €82.5 million, down from €106 million, and the group took an impairment charge of €30 million. This related to the writedown of the value of brands bought since 1995.

Staff numbers at TCH, which owns The Sunday Business Post, the Irish Examiner and Red FM in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago