Newsquest Sees Profits Grow

Newsquest, England’s largest publisher of local and regional newspapers, says its business had grown strongly after its flotation last October.

The company made a pre-tax profit of £35.3 million in the 27 weeks to July 5 – almost double the figure of £18.3 million for the first half of last year. Turnover improved from £143.6 million to £157.1 million and the profit was ahead of market forecasts of around £33.5 million.

Newsquest: 0181 646 6336