Johnston Press claims trading up despite slump in ad revenue

Local newspaper publisher reports operating profits down 4.3% to £27m in first half to 3 July, but digital audience grows by more than 20%Johnston Press has said it has seen an improvement in trading since issuing a warning to investors that sent its shares tumbling last month, although ad revenue still slumped by 7.7% year on year in July.The regional newspaper publisher, which saw its share price fall by up to 16% after issuing a profit warning, said operating profits fell 4.3% to £27m in the first half to 3 July. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2015-08-11 00:00:00 UTC ]
News tagged with: #7% year #profit warning #ad revenue

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