Interim Management Statement
This Interim Management Statement (`IMS') covers the first quarter of DMGT's financial year, the three month period to 30th December, 2012. It describes the Group's financial position and performance during the period, updated to the latest practicable date.
Trading in line with our expectations; outlook for the year unchanged:
* Revenue for the first quarter of £503 million, underlying# growth of 3% on
last year
* Continued good underlying# growth of 8% from our B2B businesses
* Underlying# revenue decline of 4% at Associated Newspapers (now dmg media);
improved profit margin driven by cost efficiencies
* Further B2B bolt-on acquisitions
* Disposal of Northcliffe Media effective 30th December, 2012
* Commencement of share buy back programme
* Outlook for the year unchanged
