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Chrysalis Predicts Losses
Chrysalis Group today forecast that for the year ending 31 August it would make a loss before tax of not more than £2 million. This is in line with expectations.
…Chrysalis is at the moment unsure about its plans for handling the airtime sales for the two Kiss stations it acquired today (see Chrysalis Buys Kiss Stations). A statement from the group said: “The acquisition will significantly strengthen Chrysalis’ own in-house national sales effort as well as, in due course, providing economies of scale across the division.”
Chrysalis: 0171 221 2213
