Article VP4D Mail Online misses £80m revenue target

Mail Online misses £80m revenue target

by
Mark Sweney
from on (#VP4D)
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Daily Mail & General Trust reports decline in print advertising of 12% in second half of financial year as online operation's annual growth slows to 16%

Mail Online has missed its target of making 80m in revenue this year as annual digital advertising growth slowed by more than half and profits at the Mail's combined print and digital operation rose by 12%.

Mail Online reported 73m in revenues for the year to the end of September, reporting an annual underlying growth rate of 16%, down on the 41% reported in parent company Daily Mail & General Trust's full year results last year.

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