Roy Greenslade of MediaGuardian reports Tuesday on the strong performance from The Economist.
Greenslade writes, “According to its results for the year ended 31 March 2011, the publisher of The Economist enjoyed another record operating profit. It was up 10% to £63m, with revenue up 9% to £347m.
“Indeed, all its numbers look good. The dividend is up. Advertising increased by 15%. Print circulation grew by 4% to 1,473,939 (UK sales were up 11% to 210,204).
“There has been digital success too. Since launching in November, its iPad and iPhone apps have been downloaded around 2m times. Online traffic has risen, with visits up 39% on the year before.
“The group also reports that the Economist Intelligence Unit has increased revenue while its north American and Asian businesses have improved their performances.”
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