Emap has today announced a 53% increase in pre-tax profits to £33.9m for the 6-months to the September 1995. Operating profit for the Consumer Magazines UK division increased by 27% to £17.7m. Turnover in this division increased by 6% and circulation and advertising revenues increased by 4% and 10% respectively.
Profit for the Radio division was boosted by the inclusion of the Trans World Communications stations, which were bought by Emap in August 1994. As a result operating profit for Radio grew by 260% to £5.4m and advertising revenue grew by 25%. The acquisition of Metro Radio was completed in September and therefore has little impact on the results.
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