For the full year results to 31 December 2003 the firm reported turnover up by 8% on 2002 to 158m, while operating profits improved 6.1% to 29.4m. Pre-tax profit rose 13.9% to 27.8m.
The privately owned community media group publishes 60 magazines and 40 websites in total, owns four daily newspapers and more than 85 weekly titles with a combined circulation of 3m copies a week.
Archant chairman Richard Jewson said: The economic outlook for 2004 is uncertain. However, we expect growth in newspapers and an improvement in magazine profitability.
The firm announced that it was looking for further acquisitions to enhance shareholder value.
Have your say in the Printweek Poll
Related stories
Latest comments
"Utilities, paper and ink but probably not transport, couriers, finisher’s for example"
"Bound to be, most likely those not key suppliers along with HMRC"
"And now watch for those reversion charges to come in thick and fast, for the slightest deviation from the mailing specification 😉😂"
Up next...
Xerox reinvention continues
Xerox to acquire Lexmark in $1.5bn A4 colour printing move
Moves to Brighouse
The Flow Group buys Modern Bookbinders, saving 94-year-old firm
Festive coverage
Wishing our wonderful readers a merry Christmas and happy New Year
Enables print up to 3.2m wide