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2008-08-14 12:00:35

Australasian media group APN News & Media (APN) has reported expectation-meeting quarterly results and confirmed it was "comfortable" with consensus forecasts for full-year earnings. The group reported a 2.5% rise in revenue to A$624.5m (EUR 366.7m) for the quarter ending June 30, while earnings before interest and tax (EBIT) were almost static at A$139m (EUR 81.6m). APN, in which Belfast Telegraph owner Independent News & Media is a 39.1% shareholder, is one of Australasia's...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.