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Bristol Evening Post Profits Up 25%

Bristol Evening Post has announced results for the year ending March 31st. Pre-tax profits were up 25% from £4.07m to £5.08m. The chairman said that after decreases in recent years, advertising volumes are showing improvements, particularly in the second half of the year. BEP has announced it is to invest £16.8m in a new press, to improve the quality of its papers. The press should be running by 1996, and will replace 20 year old equipment. BEP’s shares fell 2p to 385 pence this morning.