Media Corp sales are on the rise

Advertising and online gaming group Media Corp said revenues have risen 46 per cent in the year to the end of September, despite challenging market conditions. The firm said unaudited gross profit was up 16 per cent at £5.8m, and that on a like-for-like basis, losses are expected to narrow compared with last year. Chief executive Justin Drummond said the firm had delivered a pleasing performance this year, adding in a statement that the firm is exploring bolt-on acquisitions.