Revenue for Associated Northcliffe Digital (AND), the digital division of Daily Mail and General Trust (DMGT), rose by 12 per cent to £46 million over the six months to the end of 2008, boosted by specialist search portals Jobsite, Findaproperty and Primelocation.
However, AND’s total operating profits fell by £3.6 million to £2.2 million after developing automative website Motors.co.uk, according to the group’s report released today.
Operating profits from the group’s local media assets under the Northcliffe media division fell by £4.9 million (13 per cent) to £33.8 million over the same period.
Associated Newspapers also posted a drop in operating profits, but stressed the acquisition of a new printing facility at Didcot was a key factor in this downturn.