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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Archant invests online as its profits fall

Regional newspaper group Archant has reported a 6.8% drop in operating profit for 2006 to £29.5m. Advertising revenues were down on the previous year. Chairman Richard Jewson said: "The company has produced a robust performance in challenging conditions... Structural change in the regional press industry continues.' He pointed to a "continuing programme" of online investment in order to build "audiences loyal to our titles", adding that "unique visitors to our sites have risen by 66% over the year, with nearly 1.2m unique visitors in January 2007." (Via Press Gazette)

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