March 9, 2018 / 7:20 AM / 9 months ago

BRIEF-Independent News & Media Says FY Revenue Fell 9.4 Pct To 293 Mln Euros

March 9 (Reuters) - Independent News & Media Plc:

* FY PRETAX PROFIT FELL 31.8 PERCENT TO 28.5 MILLION EUR

* BOARD,MANAGEMENT ARE CURRENTLY COLLABORATING WITH EY ON DEVELOPMENT OF STRATEGIC PLAN WHICH WILL PROVIDE ROADMAP

* DIRECTORS ARE NOT PROPOSING A DIVIDEND FOR 2017

* INDEPENDENT NEWS & MEDIA - OUTLOOK FOR 2018 IS FOR CONTINUED DIFFICULT TRADING CONDITIONS WITHIN MEDIA SECTOR AS KEY REVENUES FACE FURTHER DECLINES

* GROUP INTENDS TO MAKE A SIGNIFICANT INVESTMENT TO RESHAPE BUSINESS AND TO DELIVER STRATEGIC PLAN. Source text for Eikon: Further company coverage:

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