Vitesse Media trading in line

Vitesse Media, the online financial news publisher, has announced that its interim results are in line with management expectations, despite experiencing a slowdown that began in April. The company, whose publications include Information Age and Business XL, saw revenues fall from £1.56m last year to £1.51m, while a £33,000 profit turned into a £15,000 loss. Gross margin improved to 70.5 per cent, as costs are reduced through transition from print to digital delivery.