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The Australian: Fairfax says earnings could fall by 28 per cent

May 12th, 2009Posted by in Editors' pick, Journalism, Newspapers

The Australian reports:

“Sydney-based Fairfax Media, publisher of newspapers including The Sydney Morning Herald, The Age and the Australian Financial Review, said underlying earnings could fall to around $600 million, before depreciation, amortisation, interest and tax, and assuming no further deterioration in advertising markets.”

Full story at this link…

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