Trinity Profits Hold Steady Despite Decline in Advertising ; Media

Summary


Newspaper publisher Trinity Mirror, owner of The Birmingham Post, said it expected advertising revenue to have fallen around three per cent in January and February this year and unveiled flat underlying pre-tax profit for 2007.

But ongoing cost control and resilient cash flows were bolstering the group.

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Trinity Profits Hold Steady Despite Decline in Advertising ; Media

"The uncertain economic outlook for the UK, together with the volatility, has contributed to a weak start to 2008 in the advertising market," Trinity said.

The owner of the Daily Mirror and a host of other newspape...

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