Media Moves

DC Thomson announces boost in profits after pandemic disruption

January 20, 2023

Posted by Mariam Ahmed

DC Thomson has reported an increase in revenues up to £174.1 million ($215 million) from £160.2 million ($197.6 million) in 2020-21.

DC Thomson chairman Christopher Thomson, said:

“The impact of our transformation programme and the easing of disruption caused by the pandemic both contributed to an improved year of trading for DC Thomson in the year to March 2022.

“We saw encouraging growth in subscriptions, events and digital revenues with growth revenues outstripping the decline in traditional print revenues for the first time.

“The first half of this current financial year saw that growth continue but we, like all UK businesses, now face considerable economic headwinds.

“But we take a long-term view. We are confident that we have the right strategy in place and continue to invest in building the business for a sustainable future.”

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