Herald & Times Accounts Filed

The HeraldFebruary 11, 2005

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Summary


PRE-tax profits at Newsquest Herald & Times fell in 2003 to pounds-9.3m from pounds-12.9m - reflecting various accounting adjustments by the newspapers' new owner.

The accounts, which cover the activities of The Herald, Sunday Herald, the Evening Times and the S1websites, are the first to be filed since this group of businesses was acquired in April 2003 by Newsquest, the UK arm of US publishing giant Gannett. They show that during 2003, turnover rose to pounds-72.3m from pounds-63.7m.

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Herald & Times Accounts Filed

Although the pre-...

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