Fairfax Digital's outstanding performance - both financially and in competitive terms - shows it is a major force in online markets in Australia, and we intend for it to continue to enjoy significant growth in its news and classifieds businesses.
Fairfax Digital's outstanding performance - both financially and in competitive terms - shows it is a major force in online markets in Australia, and we intend for it to continue to enjoy significant growth in its news and classifieds businesses.
The strong revenue and earnings performance of Fairfax Digital in Australia, together with today's acquisition of Trade Me in New Zealand, and other online opportunities that we are pursuing, are coming together to give Fairfax a higher growth profile.
Booming internet revenues and profits with improved market positions for our Fairfax Digital news and classifieds franchises, a solid performance in New Zealand, continued growth in business publishing and our regional newspapers ... with tight cost controls in a cyclical downturn have all resulted in solid profit growth.
Morale is a little bit dimmed, is a bit affected by the redundancy program. That program had been planned for quite some time, and when I took over it was really left to me to make the final decision and it clearly was the right thing to do for the business.
With our own Internet businesses in Australia, this materially increases Fairfax's exposure to the Internet, and therefore to a faster growth profile for the whole business.
© 2020 Inspirational Stories
© 2020 Inspirational Stories