Investor Relations
News Detail

17th Aug 2004

APN News & Media Limited Results for the six months ended 30 June 2004

APN Profit Before Tax up 36% to a record A$94.5 Million

APN News & Media Ltd [“APN”], in which Independent News & Media PLC [“INM”] has over 40% shareholding, today announced a record Profit Before Tax before Non Recurring Items (NRI) of A$94.5 million for the 6 months ended June 30 2004, up 36% on the prior year.

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“Independent News & Media has always understood that beyond being a very successful company in the financial sense, it has broader social responsibilities to all those communities where it operates. This is demonstrated by over 200 projects and charities which the company has underwritten and supported and can be seen from the work that INM has done in education, particularly the work they’ve done in health education in South Africa in relation to HIV and AIDS.”

Baroness Margaret Jay, Non-Executive Director