The latest financial statement from factual media outfit Ten Alps has revealed a substantial lift in the group's pre-tax profits.

Connock

Ten Alps' two main divisions - content and communications - helped the group achieve the results through a mixture of streamlining costs and the continued migration of the business to online channels.

Chief executive Alex Connock stated: "We are pleased to achieve profits growth again despite the recession, due to the strength of our teams, the measures taken to streamline costs and the relevance of our multimedia strategy to our clients.

“Trading since September has remained in line with the management's growth targets for the full financial year and further progress has been made in online migration and product development, of which the benefit is anticipated from the 2010-11 financial year.”

Peak performance from Ten Alps

In addition it acknowledged that "there is also real international opportunity to extend the commercial return of existing assets."

One of these assets may be Teachers TV, of which the business said it expects at least one overseas sale during the course of the next year.

It added that public sector cutbacks in the UK may work in favour of the broader business, as organisations increasingly looked to outsource comms activity to save money.

www.tenalps.com

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Comments (2)

2  By Disappointed , on 18-12-2009 11:41 Not surprised they are making money. I went for an interview and couldn't believe my ears after asking how little they were paying to edit three titles.  Perhaps I didn't hide my disappointment very well because they didn't even have the courtesy to tell me I hadn't got the job! Report