Sales for the 2005-2006 financial year rose by 11% to £784m, led by overseas sales, excluding joint ventures, which exceeded UK sales for the first time.
Underlying profit, excluding one-offs, disposals, restructuring and legal costs, was £92.1m, up from £53.3m in 2004/05.
Content and production, global channels and global TV sales were the biggest growth areas.
Pre-tax profits at the magazine arm fell year-on-year by £2.7m to £19.3m. However, operating profits posted a £500,000 increase, as last year’s figure included profits from the sale of Eve to Haymarket.
Revenues from magazine sales fell from £169.4m to £163.7m.
The publisher said lifestyle and specialist titles performed particularly strongly, offsetting challenges in the children’s market.
Underlying profit, excluding one-offs, disposals, restructuring and legal costs, was £92.1m, up from £53.3m in 2004/05.
Content and production, global channels and global TV sales were the biggest growth areas.
Pre-tax profits at the magazine arm fell year-on-year by £2.7m to £19.3m. However, operating profits posted a £500,000 increase, as last year’s figure included profits from the sale of Eve to Haymarket.
Revenues from magazine sales fell from £169.4m to £163.7m.
The publisher said lifestyle and specialist titles performed particularly strongly, offsetting challenges in the children’s market.
.jpg)
.jpg)