Daily Mail owner's shares drop 8% as profits fall - BBC News
Shares in the publisher of the Daily Mail have fallen 8% after falling advertising income hit its half-year profits.
Daily Mail and General Trust also said that the drop in demand for print advertising meant profit margins at its media business would be about 10% this year, down from 13% last year.
It reported an 11% fall in profits to £129m for the six months to 31 March.
The company owns the Daily Mail and Mail on Sunday newspapers.
Daily Mail and General Trust also said that the drop in demand for print advertising meant profit margins at its media business would be about 10% this year, down from 13% last year.
It reported an 11% fall in profits to £129m for the six months to 31 March.
The company owns the Daily Mail and Mail on Sunday newspapers.
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