26-week period ending 1st July 2007
Trinity Mirror plc is today issuing a trading update ahead of
its close period. The company will announce its interim results on 2nd August 2007 .
Whilst the advertising environment remains volatile from month
to month, we continue to see improved stability in our advertising markets as
the rate of decline slows. The Board continues to have confidence that our 2007
performance will be in line with expectations.
Group advertising revenues for the 26-week period are expected
to fall by 1.5%.
For our Regionals division advertising revenues are expected to
fall by 1.6%. By category the expected fall in display is 0.6%, recruitment is
1.6%, motors is 10.1% and other categories is 3.9%. Property is expected to
increase by 3.9%.
Advertising revenues for our Nationals division are expected to
fall by 2.4%. The Scottish Nationals are expected to achieve advertising revenue
growth of 2.3% with the UK Nationals advertising revenues expected to fall by
4.1%.
Advertising revenues for the Sports division are expected to
increase by 12.4% reflecting the impact of weaker comparatives.
Group circulation revenues for the 26-week period are expected
to increase by 0.7%. Expected circulation revenue increases for the Scottish
Nationals of 4.7%, for the Sports division of 0.7% and for the Regionals of 0.6%
have been partially offset by expected declines of 0.3% for the UK
Nationals.
Digital revenues for our Regionals division, including organic
and acquired businesses are expected to achieve strong underlying growth of
25.2%. Our Nationals division is also expected to achieve strong growth of 16.2%
for the period.
We continue to make progress on the disposal of the Sports
division and our Regional businesses in the Midlands ,
London
