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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Germany's Springer returns 10% more profits

Axel Springer, the German-based publisher of newspapers and magazines, has increased profits by 10.3% for the first nine months of this year compared to the same period last year. It attributed the rise, to €169.5m (£89m), to an improving advertising market in Europe. Mathias Doepfner, the ceo, said: "We are strengthening our market leadership in Germany, expanding our international business and placing continually greater emphasis on digital and cross-media activities." (Via Boston Globe)

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