Investor Relations
News Detail
17th Dec 2003
INM issues pre-close trading update & announces €53.5m restructuring plan
The board of Independent News & Media PLC [‘INWS.I’] is today issuing a trading update in respect of the financial year ending 31st December 2003 and announcing a €53.5 million worldwide restructuring plan.
This statement is intended to update investors on the Group’s significant operational and recapitalisation achievements during 2003, and to detail the scope of the worldwide restructuring. This update is made in advance of the Company’s preliminary full year results announcement planned for Wednesday 24th March 2004.
