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DLY MAIL & GEN TRUST

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DMGT

GB00BJQZC279

Daily Mail and General : publisher's underlying revenue up three percent in third-quarter

July 24, 2014 at 02:23 am EDT

LONDON (Reuters) - Daily Mail and General Trust, the publisher of the Daily Mail tabloid and Mail Online website, said underlying revenue grew 3 percent in the third quarter after a strong performance from its events and business information units.

Revenue for the three months to end-June came in at 457 million pounds, it said on Thursday, with underlying growth in its business-to-business division of 6 percent offsetting a 1 percent decline in its media division, where circulation revenues have fallen.

(Reporting by Paul Sandle; editing by Sarah Young)

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Company Profile

Daily Mail and General Trust plc manages a portfolio of companies that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. The Company's segments include property information, events and exhibitions, and consumer media. Its property information segment provides technology, data and workflow solutions to clients involved in commercial and residential property markets as well as risk and valuation services to the Commercial Mortgage-Backed Securities market. Its events and exhibitions segment is an organizer of business-to-business (B2B) exhibitions and conferences focusing on the energy, construction, interiors, hotel, hospitality and leisure sectors. Its consumer media segment is focused on delivering journalism to a global audience.

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