Struggling Yell Plans £60 Million Cost Cut
Yell Group’s March-to-June quarter is a classic snapshot of an old print classifieds company – making digital gains, but not enough to offset the declining legacy business, especially coming out of the recession. Online ad sales rose 9.7 percent from last year’s period to £111.6 million; that’s now a healthy quarter of group income. But that group income is down 7.5 percent to £439.6 million, with EBITDA sliding 8.9 percent to £134.9 million
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Struggling Yell Plans £60 Million Cost Cut
