Guardian Media Group Posts £76.6m Pre-Tax Loss

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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.

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