Daily Mail owner posts revenue rise amid Rothermere takeover bid

Jul 22, 2021 - City AM
Financial Results

The owner of the Daily Mail has reported a sharp rise in revenue in its latest quarter as it gears up for a potential take-private bid by Lord Rothermere.

Daily Mail and General Trust (DMGT) said its group revenue grew by a quarter in the three months to the end of June.

This was driven by strong growth in the company’s business to business information division, in particular for its property units Landmark and Trepp.

DMGT’s consumer division, which includes the Mail titles...