APN Posts Profit of A$54m For 2012
Posted: 2/22/2013  |  By: The Irish Independent
Australian publisher APN has posted a profit after tax before exceptional items of A$54m (€42m) for the year ended 2012 in line with expectations.

The company said that net debt has been reduced by A$180m while cost initiatives delivered savings of A$12m last year with another A$25m expected this year.