Investor Relations
News Detail

16th Mar 2005

INM announces Preliminary results for 2004

INM announces record Operating Profit of €285.7 million for 2004

The Board of Independent News & Media PLC [,INM'] (ticker: INWS.I ; INWS.L) today presented the Group's preliminary results for the year ended 31st December 2004. Robust growth across all INM's segments delivered an excellent 22.8% increase in Operating Profit to a record €285.7 million and an improved operating margin of 17.7%.

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"INM has a very clear, compelling and coherent strategy for growth, with a very resolute and sturdy version of our newspaper brands' place within the fast-changing media matrix."

Gavin O'Reilly, Group Chief Executive Officer