Video acquisitions and advertising drives the national growth of the growth of revenue by 9 %

World President David Montgomery said that the growth of his revenues by 9 % in 2024 was “driven” in video advertisements as well as acquisitions.

In revenues in the publisher of The Yorkshire Post, The Scotsman, a list of other regional newspapers, the city’s web sites and the national web site, £ 96 million in the year until December 28, 2024.

Printing continues to form 72 % of revenues while digital is 20 % (other revenue flows include events and local democracy correspondents of BBC for 34 journalists).

The profit increased 16 % before taxes to 11.1 million pounds and Ebitda (pre -interest, tax, and extinguishing profits) on continuous operations increased by 19 % to 11.2 million pounds.

Results It also revealed that the National World had said that his investment of 1.1 million pounds in starting news is not worth anything now, which exposes it as a weakness in value. Last year, presidents of news Gazette reported that they expected to reach profitability in 2025.

The results are scheduled to be the last of the national world before seizing it by the Irish Marketing Company and local publisher Media Concierge, one of the original supporters of the company before their relationship was transformed last year.

The acquisition has been erased by shareholders and is currently awaiting competing checks and a court hearing.

However, the results contain indicators of Montgomery and the plans of the future management team of the national world and where they see their potential.

The report indicated that the national world has a “strong public budget with financial flexibility” with a cash balance of 10.9 million pounds on December 28, an increase of 10.7 mAh in the previous year. Profits of 2 million pounds were paid per year. “Despite 4.3 million pounds from the cash that Conserge has blocked,” said.

David Montgomery determines the national revenues and profit growth

“The national world again increased the profits with the expansion of its scope and the display of its content through all platforms,” ​​Montegamerri said.

“The acquisitions and launch operations, including the development of television, events and social media, leads a new sustainable model for local and national publishing.

“The growth of revenue, especially in digital, has been paid through local video ads, all over the new world on the Internet brands and nationalworld.com.”

Digital revenues (including direct sales of software, subscriptions, subscriptions, and Syndication and 2.7 million pounds from Google and Meta, although the last agreement ended in January 2024) increased by 7 % to 19.6 million pounds.

Video revenue increased by 12 % to 1.7 million pounds. More than three quarters (78 %) of national articles on the Internet included video content in 2024 after they obtained more than 250 journalists trained to produce video and entered the TV market with its channel footage!

As a result, the average viewing time for each video has increased by 7 %, also due to the return improvements, the annual video revenue growth was 12 %.

Digital advertising revenues increased by 4 % to acquisitions. The average monthly views were more than 134 million in 2024, a decrease of 3 % on an annual basis (or 11 % except for acquisitions) but flat in the fourth quarter.

Digital subscribers increased by 17 %, with digital subscription revenues by 13 % compared to 2023.

The company said that there is “a rise in the number of high -value annual packets” sold in the Postsman and Yorkshire in the last part of the year they lead them View a package with the New York Times And “the direction of improving participation in our digital applications.”

She also said that the first paid news messages “gained strength” and that new subscriptions were launched on previous trademarks for Midland News (MNA) in late 2023 with the addition of digital subscriptions to the administration to its weekly portfolio.

Printing revenues increased by 9 % in general, with advertising revenues increased by 12 % due to acquisitions and national contract changes, and 7 % trading increased on an annual basis (but by 7 % except for acquisitions). The circulatory revenues include 3.1 million pounds of print subscribers, an increase of 3 %.

Newspaper costs fell 0.8 million pounds due to the low prices of newspapers by 20 %. Without obtaining titles obtained in 2023, these costs had decreased by 1.2 million pounds, or 31 %. However, production costs increased by 12 % due to the costs of newly acquired titles.

The events increased by 37 % to 5.6 million pounds, and are now more than 5 % of the total, in the aftermath of the first year of possession of internal events and the introduction of events related to MNA brands that lead to a total of 150 events. This is expected to grow after the last acquisition of the business magazine.

“I amaling through artificial intelligence and other competencies in the fields of production has issued resources to focus on content specialized in content, especially in sports, business and lifestyle,” Montgomery added.

It is said that about 1,000 pages of newspapers per week were created using artificial intelligence production and Montgomery said it is planned to expand to more than 20 % of all editorial production.

The national world said that its working power has decreased by 20 % over a period of four years “with automation removal and the simplification of many old operations.”

He continued: “We continue to apply for our commitment to build the company through monotheism and innovation, while continuously increased productivity and talent care.

“These 2024 good results have been achieved despite the integrated winds to challenge the macroeconomic and uninhabited deviations.”

Three acquisitions cost a total of 0.9 million pounds, which is expected to reach two million pounds of revenues and 0.2 million pounds in Ebitda in 2025: Athletics Weekly, serious in the Rugby League and Business Magazine Group.

In March of last year, the National World Software sold as the Press Computer Systems service after six months of obtaining it, where a profit of one million pounds and 3.5 million pounds was recorded in the form of service credits to use it for a five -year software agreement with the new owner Naviga.

In addition to artificial intelligence, Montgomery said that “continuous reorganization” is also driven by “the gradual shift from geographical divisions to vertical units based on content and platform”, and to focus on areas of growth in events, sports, commercial information, television and video, and the central talent towards the original specialized content and “rapid development of the social media platform for the decline in the local market.”

Disavirements were provided in additional costs of 0.8 million pounds a year with the costs of restructuring 1.8 million pounds. As a result, 2.9 million pounds is expected to be an annual cost savings.

National World 1,101 employees as of December 28, 2024, a decrease from 1,226 in the previous year.

In the past two years, 300 employees of the 11th acquisitions have joined.

A spokesman said: “The national world has made tremendous progress from the beginning in terms of profitability, digital transformation and content creation,” said a spokesman.

“These numbers show the continuous capabilities of this group under an ambitious management team from a company that gathered at a cost of 24 million pounds.”

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