PA Group Annual Report 2007
GROUP CHIEF
EXECUTIVE’S STATEMENT
In what proved to be a very difficult fundamentals of the group are sound
year for the industry, I am confident and considerable progress has been
PA Group has made significant progress made.
towards its strategic aim of becoming The response from our customers to
a modern, international information all that we are doing has been excellent
company. and we are beginning to see the kind of
As I warned last year, adapting new revenue streams which generate
to the rapidly changing multimedia optimism for the future.
landscape would prove to be one of However, throughout this change we
the most challenging periods in the have stayed faithful to our core editorial
company’s long history. It would require mission and reputation for good value,
considerable ongoing investment as high quality services. Fast, fair and
well as belief and that has proved to be accurate reporting will always be at
the case. the very heart of the group’s activities.
During 2007 our energy and focus
was aimed at ensuring we remained THE PRESS ASSOCIATION
totally in step with our customers as Not only was it a strong year for great
they develop their products and meet stories and pictures but a record
the challenges of the new marketplace. performance in terms of output. During
A key component of that change has the year the comprehensive wire service
been to build another layer of content delivered well over a million news items
– video – to the traditional wire service plus 120,000 pictures to customers,
of text, photos and graphics. This backed by an extremely high level of
has meant developing considerable accuracy.
multimedia production as well as video There were many examples of
gathering capabilities. The Press Association being at the
Inevitably the scale of this commitment heart of events but the highlight was
is reflected in the lower operating profits our coverage of Prince Harry’s
for 2007 but I believe that as we deployment to Afghanistan. Our
enter our 140th year of service to the chief reporter, John Bingham, and
industry, we are in good shape, the photographer, John Stillwell, provided
Paul Potts, Group Chief Executive
6
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44