Press Releases

Haymarket Group attributes increase in pre-tax profit in the main to digital and events activities

Haymarket Business Media enjoyed a 41% increase in revenues from its online activity, where Brand Republic is its biggest title, and a 35% increase in profits from events.

Lord Michael Heseltine, chairman of Haymarket, said: "Within our consumer media division, the core print markets are unquestionably slowing down through a combination of migration online, increased competition on the bookstalls and an increasingly competitive ad market.

"The digital age is transforming the media marketplace and significant parts of the traditional publishing industry have already, and will continue, to migrate to digital media."

The consumer exhibitions division strengthened its position as the leading organiser of consumer exhibitions in the UK, including BBC Good Food Show and BBC Gardeners' World Live.