FT saw rise in revenue, profit in 2024

Global revenue at the Financial Times Group was above half-a-billion pounds for the second time in 2024, growing by 6% to £540m, reports Charlotte Tobitt of Press Gazette.

Tobitt reports, “The publisher saw revenue growth in paid content and events, but advertising revenue was slightly down.

“Global operating profit for the business newsbrand and its wider operations also increased, by 41% to £42.2m in 2024 – the publisher said.

“The global figures were revealed in consolidated and unaudited figures shared internally and seen by Press Gazette.

“The FT is wholly owned by private Japanese firm Nikkei, which does not publish any global financial figures for the news group, making this report the best indicator of the 137-year-old newsbrand’s financial health.”

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Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.