The FT Group, publisher of the Financial Times, recorded a 12% year-on-year revenue increase in 2010 - as Press Gazette reported - according to its parent company Pearson.
Pearson said that FT Group drew £403m in revenue in 2010, with underlying growth of 9%, and its operating profit increased 54% to £54m.
Also the Financial Times website registered a 79% increase in registered users year-on-year in 2010, taking the total to more than three million, as Journalism.co.uk reported, citing preliminary results published by Pearson.
The article also said that Feb 28's results also show a 50 per cent increase in digital subscriptions on 2009, with 207,000 registering, and 900,000 downloads of FT apps on mobile phones and tablet devices for the period.
The Guardian reported that, announcing the results, chief executive Marjorie Scardino has raised some concerns about the terms Apple is demanding for print app subscriptions, arguing that as competition increases publishers will no longer have to cave-in.