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Midland Independent Newspapers Profits Up
Midland Independent Newspapers has this morning released results for its first year as a public company; profits for 1994 were £15.62m, up 34% from £11.65m the previous year.
Advertising revenues grew 17% year on year to £66.5m. Despite good results, MIN’s share price dropped by 2 pence this morning to 114p.
