Newspaper Innovation

For the 12 months of 2007 Metro International reported an operating loss of $15.2m excluding a disputed Advertising Tax provision in Sweden of $10.2m and a net gain of $4.7m from the sale of  60% of Metro Czech Republic in December 2007. Including these two items the operating loss was $20.7m. In 2006 Metro reported q profit.

There was a8.8% year- on- year increase in net sales to $453m (2006: $416.5m).

Operating profits (before disputed taxes) were delivered in 10 out of 14 operations, with the exception of operations undergoing reorganisation: Czech Republic, Spain, the US and Bostad. (Metro International)

This entry was posted on Friday, February 8th, 2008 at 3:33 pm and is filed under Publishers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.