The turnaround continues. The Belgian media group Mediahuis is forecasting earnings of up to €25 million for its Irish operation this year, a rise of around 18 per cent on its performance last year. Internal forecasts show that the group’s revenues will reach €270 million in Ireland, with all parts of the company contributing to a strong financial year, according to an industry source.   The source added the group’s distribution and retail services division, the Reach Group, is forecast to contribute up to €15 million of Mediahuis Ireland’s earnings and is expected to generate revenues of around €130 million.…

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