Telegraph profits down year on year but still strong

Telegraph Media Group has announced operating profit and turnover slightly down year on year on a “like for like” basis.

But it remains by far the most profitable newspaper publisher at the broadsheet end of the market in the UK.

The Daily and Sunday Telegraph publisher reported operating profit before exception items of £48.3m for the 52 weeks to 28 December 2015, compared with £54.9m in the same period a year earlier.

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