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DLY MAIL & GEN TRUST

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DMGT

GB00BJQZC279

Daily Mail and General Trust : owner on track as first-quarter revenue rises 2 percent

January 24, 2019 at 01:06 pm IST

LONDON (Reuters) - The owner of Britain's Daily Mail newspaper said it was on track to meet its full-year expectations after demand for online advertising contributed to a 2 percent rise in underlying first-quarter revenue.

Daily Mail and General Trust, which has business-to-business and consumer media operations, said 10 percent growth in digital advertising more than offset a 1 percent decline in print advertising across its newspaper titles.

(Reporting by Paul Sandle, editing by James Davey)

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Company Profile

Daily Mail and General Trust plc manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. The Company's segments include property information, events and exhibitions, and consumer media. Its property information segment provides technology, data and workflow solutions to clients involved in commercial and residential property markets as well as risk and valuation services to the Commercial Mortgage-Backed Securities market. Its events and exhibitions segment is an organizer of business-to-business (B2B) exhibitions and conferences focusing on the energy, construction, interiors, hotel, hospitality and leisure sectors. Its consumer media segment is focused on delivering journalism to a global audience.

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