Company Profile For Independent News & Media PLC

Independent News & Media PLC (INME.I) (Irish Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Publishing ·

As of 8:23pm IST

0.16EUR

Price Change

+0.02

Percent Change

+14.29%

Analyst Recommendations

Overview

Independent News & Media PLC (INM) is engaged in the printing and publishing of metropolitan, national, provincial and regional newspapers in all or some of Australia, India, Ireland, New Zealand, South Africa and the United Kingdom. The Company also has radio operations in Australia and New Zealand and outdoor advertising operations in Australia, New Zealand, South East Asia and across Africa. It also has online operations across each of its principal markets. INM has three business segments: printing, publishing, online, distribution of newspapers and magazines and commercial printing; radio, and outdoor advertising. The Company publishes over 200 newspaper and magazine titles, delivering a combined weekly circulation of over 32 million copies with a weekly audience of over 100 million consumers.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 December 2008, Independent News & Media PLC's revenue decreased 12% to EUR1.48B. Net loss totaled EUR164.4M vs. an income of EUR110.7M. Revenue reflects an decrease in sales from Printing and Radio business segments, decreased income from United Kingdom, South Africa and Austalasia regions. Net loss reflects the presence of exceptional finance costs and impairment of tangible & intangibles assets.