EMAP Petersen profit at $11.3 mil

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U.K.-based EMAP, in reporting preliminary earnings results, said EMAP Petersen, Los Angeles, had a first-quarter profit of $11.3 million on revenue of $69.64 million. Ad revenue for EMAP's U.S. magazine unit was up 35% from February to April, vs. a year ago. EMAP Petersen was formed in January as the U.S. magazine unit of EMAP.

Copyright June 1999, Crain Communications Inc.

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