Guardian Media Group Reports £31M Pre-Tax Profit

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The Guardian Media Group made a pre-tax profit of £31m for 2018/19, up from a pre-tax loss of £25m the year before, it has reported.

But Guardian News and Media, the group’s publishing arm which produces the Guardian and Observer newspapers, made a £7m loss (EBITDA) for the 12 months to the end of March 2019.

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