Guardian Media Group Posts £76.6m Pre-Tax Loss
Posted: 8/13/2012 | By: Andrew Lohr | Press Gazette
The Guardian’s parent company Guardian Media Group has reported pre-tax losses of £75.6m in the last financial year.
GMG said the loss, which contrasts with pre-tax profits of £9m in 2011, was down to an exceptional charge relating to the sell-off of its subsidiary GMG Radio.
GMG said the loss, which contrasts with pre-tax profits of £9m in 2011, was down to an exceptional charge relating to the sell-off of its subsidiary GMG Radio.