53 week period ending 2nd January 2005
Trinity Mirror plc is today issuing a trading update, ahead of the close period, which is in line with expectations.
The Company will announce its preliminary results for the 53 weeks ending 2nd January 2005 on 3rd March 2005.
Group advertising revenues for the 5 months to November 2004, on a like for like basis excluding the regional titles in Ireland disposed in January 2004, have increased by 4.2% year on year.
The Regionals division achieved advertising revenue growth of 4.5% year on year for the period. With the exception of motors, all categories achieved year on year growth with particularly strong growth in property.
The Nationals division achieved advertising revenue growth of 2.8% year on year reflecting a 1.6% increase in the UK National titles and a 6.1% increase for the Scottish National titles.
The Sports division and the Magazines and Exhibitions division achieved advertising revenue growth of 14.5% and 2.8% respectively.
Group circulation revenues for the 5 months to November 2004 on a like for like basis excluding the regional titles in Ireland disposed in January 2004, have increased by 3.3% year on year.
All newspaper divisions continued to achieve strong circulation revenue performance with increases of 4.4% for Regional titles, 3.3% for UK National titles, 0.8% for Scottish National titles and 5.8% for Sports newspapers. Magazines and Exhibitions revenue was down 1.0%.
The strong circulation revenue performance reflects the benefit of increased cover prices partially offset by circulation declines.