Media

Irish Times and Examiner parent firm records pre-tax loss of €5m

Company’s 2022 performance was ‘significantly impacted by increasing costs across key areas’

Risks to the group’s performance include the replacement of print revenues with sustainable and long-term alternatives

The Irish Times Group posted a pre-tax loss of more than €5 million for the 2022 financial year citing “stubbornly high” energy and newsprint prices.

Accounts for The Irish Times DAC show that the group made a loss before tax of just more than €5.2 million for the year to the end of December 2022. This compared with a pre-tax profit of just under €4.9 million the previous year.

The group - which is the ...