22 June 2006 - 11:48am | posted by | 0 comments

Johnston Press reports fall in advertising revenue

Johnston Press has announced that it is has seen “no discernible improvement” in advertising revenue as they announced a fall of 9.4 per cent in the five months up to 3 June.
The Edinburgh based owner of The Scotsman and Scotland on Sunday also stated that on a like-for-like basis, if acquisitions such as The Leinster Leader, Score Press, Local Press Limited and Scotsman Publication were included then revenue would have been down 8.4 per cent.
The company statement read: "Declines were experienced in employment, motors and display. All of these declines reflect the relatively difficult conditions being experienced in the relevant markets, higher unemployment and lower vacancies; lower car sales and dealer consolidation; weakness in consumer confidence and poor results from a number of high street retailers."
Tim Bowdler chief executive of Johnston Press said that there is no sign of any immediate improvement.

Be the first to comment on this article: sign in or register.

Latest Projects from the Profile Hub

Retargeting on Facebook by the Numbers 2014

20/10/2014
Since the successful launch of retargeting in the News Feed...

Celebrate MOBO

17/10/2014
Event branding & promotion for Scottish Enterprise...

Journey to the Centre of the Earth!

17/10/2014
In September (2014), the Croatian National Tourist Board ...

Freia relaunch

17/10/2014
Norway’s leading chocolate brand Freia relaunches with a...

Daisy Marc Jacobs Tweet Shop

15/10/2014
Daisy Marc Jacobs and Cult London, social media agency,...