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Carlton Profits Up 64%
Carlton Communications yesterday announced results for the 6 months ending March 31; pre-tax profits were up 63.6% to £120 million from £73.4 million. These figures were boosted because it was Carlton’s first reporting period to include interim results from Central.
Carlton’s broadcast television side accounted for 42% of group turnover and £61m of operating profit, or 50%.
Michael Green, chairman, said that proposed changes to cross-media ownership restrictions were “good news” for Carlton, and that he would get more involved in cable and satellite.
