Investor Relations
News Detail

12th Aug 2003

Australian subsidiary company results for the half year to 30 June 2003

INM's APN News & Media Interim Net Profit up 24% to $44.7 million

APN News & Media Ltd (APN), (43% owned by Independent News & Media PLC) today announced a net profit after tax for the six months ended June 30 2003 of $44.7 million, up 24% on the prior year.

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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, Chief Operating Officer