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Haymarket records annual profits of £8 3m despite effects of Covid-19 | Media

Haymarket Media Group: owns more than 70 brands Haymarket Media Group reported annual earnings of more than £8m in the last financial year as a strong performance from its US medical business offset the worst of the coronavirus downturn.   Haymarket, which owns more than 70 brands including What Car?, Autocar, Campaign, GP Online, PR Week, MyCME and Finance Asia, said earnings before interest, tax, depreciation, amortisation and exceptional items (Ebitdae) were £8.3m in the year to June 2020, compared with £9.1m for the prior 12 months.   Annual accounts filed at Companies House show revenues fell 12% to £142.9m from £161.6m – a decline that the company said was caused solely by the Covid-19 slump.

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