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Daily Mail & General Trust has reported a 24 per cent increase in profits to pounds 135 million for the six months to April 2007.
The group said its business- to-business operations had performed particularly strongly. For the first time, less than half of its operating profit came from print newspaper operations - just 48 per cent, compared with 56 per cent in the same period last year. DMGT added that its newspaper divisions were seeing modest growth in advertising revenues.
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