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Guardian Posts A Loss Despite 20% Rise In Digital Revenues
- Press Gazette, Friday, July 31, 2015 8:45 AM
Guardian News and Media, publisher of The Guardian, Observer and TheGuardian.com, reduced its underlying losses from GBP19.4m to GBP19.1m in the 2014/15 financial year, according to its results. GNM, part of Guardian Media Group, claimed a digital revenue growth of 20%, from £68.3m in 2013/14 to GBP82.1m in the year to 29 March. GMG's overall group revenue was GBP214.6m, up from GBP209m. The group recorded a pre-tax loss of GBP17.6m for the 2014/15 year.
