Mecom Suffers Grim Third Quarter Due to Print Advertising Slump

Posted
By: Mark Sweney | Guardian.co.uk

Mecom's year has gone into reverse with the pan-European publisher reporting that profits will decline by potentially more than €10m (£8.75m), after the frail print advertising market slumped in the third quarter.

As recently as July, Mecom, which is listed in London, had been predicting a "slight improvement" in earnings before interest, tax, depreciation and amortisation (Ebitda) for the year.































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