SMG reports fall in profits for 2002

SMG reports a fall in operating profits in 2002 for Scottish TV to £20.8m from £25.4m the previous year, and a drop for Virgin Radio from £10.

SMG reports a fall in operating profits in 2002 for Scottish TV to &£20.8m from &£25.4m the previous year, and a drop for Virgin Radio from &£10.5m to &£10m.