logo
Plus   Neg
Share
Email

Daily Mail And General FY Profit Declines; Underlying Revenue Up 2%

Daily Mail and General Trust plc (DMGT.L) reported profit before tax of 134.3 million pounds for the year ended 30 September 2019 compared to 706.5 million pounds, previous year. Earnings per share from continuing operations was 37.8 pence compared to 196.0 pence.

From continuing and discontinued operations, adjusted profit before tax was 145 million pounds, up 19 percent on an underlying basis. Adjusted earnings per share was 38.1 pence compared to 41.7 pence.

For the fiscal year, revenue from continuing operations was 1.34 billion pounds, flat with previous year. Group adjusted revenue for the year, including discontinued operations, was 1.41 billion pounds, a decrease of 1 percent, reflecting the effect of disposals. On an underlying basis, adjusted revenue grew 2 percent.

Paul Zwillenberg, CEO, said: "Consumer Media outperformed the market and there was a mixed performance across our B2B businesses, consistent with our expectations."

The Board recommended the payment on ordinary shares and 'A' ordinary non-voting shares of a final dividend of 16.6 pence per share for the year ended 30 September 2019. This will make a total for the year of 23.9 pence. The final dividend will be paid on 7 February 2020 to shareholders on the register at the close of business on 13 December 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Starbucks on Tuesday said it has closed more than half of its stores in China temporarily due to the worsening coronavirus outbreak that claimed around 132 lives in the country. The coffee giant is also monitoring and modifying the operating hours of all of its stores in the region.The closed store count would be more than 2000 as Starbucks operates almost 4,300 outlets in China. eBay Inc. (EBAY) Wednesday reported a fourth-quarter profit that trumped Wall Street analysts' estimates, as did revenues. However, shares of the company slipped over 5% after the company issued a weak outlook for the first quarter. eBay's fourth-quarter profit dropped to $558 million or $0.69 per... Apple Inc. (AAPL) Wednesday reported a first-quarter profit that trumped Wall Street estimates, as the iPhone maker reported its "highest quarterly revenue ever" driven by strong demand for its iPhone 11 and 11 Pro models during the holiday season. The tech giant also issued a strong revenue outlook...
Follow RTT
>