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

The Drum Election Podcast Features Cult LDN

24/04/2015
Our agency co-founder Cat Turner has a seat on The Drum's...

Running Stock Photography

24/04/2015
A shot from a recent stock shoot in North Wales.

E-Commerce website for Attends

23/04/2015
As a global organisation, Attends required a best-in-class...

Making Great Strides With Social and PPC

22/04/2015
Sleeping Giant Media works with Nova to increase the...

HEINEKEN UK

22/04/2015
Our comprehensive technical expertise has been instrumental...