Daily Mirror publisher sees FY profit ahead of expectations
Share:
(Reuters) - Reach Plc , the publisher of the Daily Mirror, on Friday forecast full-year profit marginally ahead of market expectations, benefiting from its acquisition of Daily Express and the Star and higher publishing digital revenue.Reach, previously called Trinity Mirror, has been trying to cut costs and take advantage of a better national print advertising environment to counter rising newsprint prices.The company bought the Express and Star in February and expects to save 3 million pounds..