Menzies Distribution battles to diversify after delivering profit plunge  

October 3, 2023 Carol Millett


 

Menzies Distribution Group (MDG) suffered an almost fourfold fall in pre-tax profit last year as its core newstrade business continued to be hit by plummeting newspaper and magazine sales and a tough economic environment. However, the group’s attempts to diversify are bearing fruit with its latest financial results revealing its largest non-newstrade revenue to date. […]




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