Investor Relations
News Detail

20th Feb 2007

APN News & Media Limited - Results for the Year Ended 31 Dec 2006

APN delivers 10% Earnings Per Share Growth and 7% increase in Net Profit After Tax in record 2006 Result

APN News & Media Ltd ['APN'], in which Independent News & Media PLC ['INM'] has a 41.6% shareholding, today announced a record Net Profit After Tax for the 2006 Financial Year of A$159.5 million, a 7% increase on the prior year. Earnings Per Share during the period grew 10%.

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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