Daily Mail and General Trust

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Market Cap:
£1.91 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 57

Retail & consumer

Daily Mail and General Trust offloads energy information business for US$364mln

“This transaction marks another major milestone in DMGT’s continued transformation and is in line with our strategy,” chief executive Paul Zwillenberg said. ...

3 weeks, 4 days ago
Retail & consumer

Liberum ups rating for Daily Mail & General to ‘hold’ from ‘sell’ in the wake of upbeat first-half results

“Advertising, particularly at Mail Online, looks to be holding up better than expected, which is not what we expected when we downgraded DMGT to Sell in April," the Liberum analysts said...

on 30/5/19
Retail & consumer

Daily Mail and General Trust surges as consumer media business has good first half

Group revenue for the six months to 31 March was £724mln, a decrease of 3% year-on-year, reflecting the effect of disposals. On an underlying basis, revenue grew 1%. ...

on 30/5/19
Retail & consumer

Euromoney celebrates underlying growth and 'fully independent' status

Business information and events group became "fully independent" after former 49% shareholder DMGT sold its stake last month...

on 16/5/19
Retail & consumer

Daily Mail owner to become victim of Brexit alongside ITV, says Liberum

Liberum cut its rating on Daily Mail and General Trust to 'sell' from 'hold' and lowered its target price to 620p from 625p ...

on 9/4/19
Retail & consumer

Daily Mail & General to distribute stake in Euromoney and £200mln in cash to eligible A share holders

DMGT chief executive, Paul Zwillenberg commented: "In total, the distributions will result in almost £900mln of assets being returned to shareholders"...

on 4/3/19
Retail & consumer

Daily Mail & General Trust says reviewing options in respect of its remaining holding in Euromoney

The Sunday Times reported that the Daily Mail owner was considering offloading its 49% stake in Euromoney in a move that would help to fund a ££750mln special cash return to shareholders...

on 25/2/19
Retail & consumer

Daily Mail and Metro owner maintains full year guidance after online advertising growth boosts first-quarter revenue

The consumer media unit is forecast to post a “mid-single-digit” underlying drop in revenue with the adjusted operating profit margin in the “high-single digits”...

on 24/1/19
Retail & consumer

Daily Mail and Metro owner's shares plunge as it warns on challenging newspaper market

For the 2019 financial year, the company expects underlying revenues in the consumer media division to fall by “mid-single” digits ...

on 29/11/18
Retail & consumer

Johnston Press surges on reports Daily Mail and General Trust is considering buying i newspaper

Sky reported that the Daily Mail is mulling a bid for the i newspaper, which Johnston bought for £24mln in 2016 and is widely seen as the company’s flagship title...

on 12/11/18

Daily Mail downgraded on slowdown fears

Liberum downgraded the Daily Mail to 'sell' with a 685p target...

on 27/9/18

Three property portals the golden scenario for website group OnTheMarket

Ian Springett, OnTheMarket’s co-founder and chief executive officer could instantly see the issues that made estate agents frustrated by the duopoly of Rightmove and Zoopla...

on 30/5/18
Retail & consumer

Blue-chip City analysts agree that Silver Lake’s £2.2bn takeover of ZPG will go ahead

Deutsche Bank, Barclays, UBS and RBC all expect the deal to be waved through by ZPG shareholders given the “healthy” premium being paid and the lack of a rival suitor...

on 14/5/18
Retail & consumer

Zoopla parent ZPG agrees £2.2bn takeover by US private equity firm Silver Lake

ZPG’s biggest shareholder, Daily Mail and General Trust, has already given its backing to the deal, which values ZPG’s shares at a 30% premium to yesterday’s close...

on 11/5/18
Retail & consumer

Euromoney agrees US$180.5mln sale of Global Markets Intelligence Division to consortium led by CITIC Capital

Euromoney said the net proceeds of about US$145mln would leave it in a net cash position and provide it with funds to help grow its activities in pricing, asset management and telecom...

on 12/2/18
Retail & consumer

Exane BNP Paribas less bearish on DMGT, says most risks are now priced in

DMGT issued several profit warnings last year, but with the dirty laundry having now been washed in public, Exane expects a less bumpy ride in 2018...

on 24/1/18
Retail & consumer

Euromoney says European Commission conducting unannounced inspection of its RISI business

In a brief statement, the FTSE 250-listed magazine publishing and events group said the Commission is investigating the sector of Kraft paper in the European Union/European Economic Area...

on 16/1/18
Retail & consumer

Daily Mail and General places struggling, US property information business into Chapter 7 liquidation

The media group announced that, following completion of that strategic review, the board of Xceligent has decided to file for Chapter 7 liquidation...

on 15/12/17
Retail & consumer

Daily Mail shares lower as Citi downgrades

“It’s been a tough year for DMGT.," said analyst Natasha Brilliant as she downgraded the newspaper group....

on 5/12/17
Retail & consumer

DMGT slumps as it warns of further declines in newspaper advertising after 2017 loss

Liberum cut its rating on the stock to 'hold' from 'buy' and lowered its ...

on 30/11/17
Retail & consumer

Daily Mail upgraded by Goldman Sachs to 'neutral' from 'sell' following underperformance

The newspaper publisher continues to face risks from a decline in print advertising and an increase in cost inflation for raw materials, Goldman Sachs said...

on 17/10/17
Retail & consumer

Daily Mail & General Trust shares fall as it sees profit at low-end of estimates, with underlying revenue up 1%

The newspapers publisher said its outlook is for "adjusted EPS (earnings per share) towards the higher end of the range and adjusted PBT (profit before tax) towards the lower end of the range”...

on 2/10/17
Retail & consumer

Daily Mail shares drop after cuts to guidance for both its information and events businesses

DMGT reported an 5% fall in first-half adjusted pre-tax profit to £105mln, as underlying revenues increased by just 1% to £890mln, reflecting pressures in its information business and planned investment costs...

on 25/5/17
Retail & consumer

DMGT sells loss-making, viral video-sharing website Elite Daily

The publisher of the Daily Mail said the sale of the business will enable its consumer division, dmg media, to concentrate its digital resources on MailOnline...

on 18/4/17
Retail & consumer

15% upside at Daily Mail reckons Liberum

The positive for the broker is that management has made it clear that they are looking to reorganise the portfolio....

on 22/12/16