for the 26-week period ending 1st July 2007
Trinity Mirror plc announces the Group's Interim Results for the
26 weeks ending 1st July 2007.
The full statement and presentation can be found on the Company Reports & Presentations page
Highlights
- Operating profit* increased by 5.9%, reflecting the
benefit of a more stable advertising environment and tight cost
management
- Group operating margin* up 1.2% to 20.8%
- Earnings per share* increased by 7.3% to 23.5
pence
- Revenue* broadly flat, reflecting improving market
conditions, with underlying** digital revenues growing by 23.7%
- Delivered net cost savings of £6 million and remain
on target to achieve at least £10 million in the full year
- Acquired totallylegal.com and totallyfinancial.com
in May 2007 for £11.8 million thereby further expanding our portfolio of online
recruitment sites
- Interim dividend maintained at 6.4 pence per
share
- Impairment of the carrying value of Regional
newspaper titles in the
- Progress continues to be made on the disposals with completion anticipated by the end of the third quarter
The full statement and presentation can be found on the Company Reports & Presentations page
