Revenues were up for Meredith's National Media Group in its fiscal year
2013 earnings
report, as the company saw big returns from digital advertising and
continued success with its Sales Guarantee program. Recent acquisitions skewed
the results however.
The company's overall revenues were up 7 percent year-over-year to $1.5
billion, with operating profits ahead 13 percent to $211 million.Meredith's National Media Group, which includes its magazine properties and makes up about three quarters of the company's total earnings, saw revenues rise 3 percent to $1.1 billion, while margins went up 4 percent to $138 million.
