Perform pledges to rebuild trust
Sports rights group Perform revealed a three per cent drop in 2013 earnings yesterday, despite revenue climbing 37 per cent to £208m. Earnings before interest, tax, depreciation and amortisation (Ebitda) slipped to £36.4m. Perform’s image was dealt a heavy blow in December when it warned that profit would be well below expectations and fall short again in 2014. “It’s about a year of rebuilding trust,” chief executive Oliver Slipper said yesterday.