RMS(one) woes weigh on operating profits

Modelling company RMS reported a 20 percent decline in operating
profit to £45mn for the year ended 30 September 2014, its
parent company Daily Mail and General Trust (DMGT) reported today
(26 November).
This reflected an increase in costs linked to the development of
its new RMS(one) platform after the company delayed its
roll-out.
The stronger pound accentuated the fall, as operating results
were down by 12 percent on an underlying basis.
DMGT wrote down the valuation of RMS(one) by...