Private Frazer’s Doomed Magazines

November 4, 2009

That’s the way the money goes

Filed under: B2B magazines,consumer magazines,figures — privatefraser @ 10:23 pm

A neat little summary in PaidContent on some of the bigger publishers’ financials.

  • NatMags: a pre-tax loss of £42.8m in 2008 – compared with a £10.8m profit in 2007
  • Haymarket: pre-tax profits down from £8m in 2007 to £4.5m in 2008
  • Reed Business Information: Profits fell 47% in H109 to £39m.
  • UBM: In the first half of 2009, UBM’s profits fell by more than a quarter year on year to £48m.
  • Centaur: First-half profits fell by 88% year on year to £1.7m.
  • Euromoney: The DMGT-owned publisher has said it will meet its 2008/09 profit target of £57m for the year to 30 September.
  • Future: For its H109, announced in May, Future saw its profits fall 70% to £1.2m.
  • Economist Group: For the year to March 31, operating profits were 26% higher year on year at £56m.

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