8 Jul 2016 09:12
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Johnston Press PLC Share News (JPR)
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Don't have an account? Click here to register.Johnston Press sees its performance continuing in-line
Thu, 10th Nov 2016 10:54
(ShareCast News) - Johnston Press sees its performance continuing in line with expectations as it focuses on cost cutting to mitigate revenue declines and impact of sterling's weakness on paper prices."Following the successful disposal of the Isle of Man titles in August, we continue to explore opportunities for further divestment, and will provide an update when appropriate," the company said in a trading update.It said total group revenues year-on-year for the 17-week period to 29 October were down 5.1%. Total group revenues year-on-year were 3.2% down in October, versus a fall of 9.9% in H1."We remain focused on cutting costs to mitigate revenue declines and the impact of sterling weakness on paper prices, and assuming no further deterioration in trading conditions, the Board expects performance to continue in line with expectations," the company said.At about 11:14 GMT, shares in Johnston Press were up 0.9% to 14p.
More News
4 Jul 2016 12:25
Johnston Press to sell Isle of Man titles for £4.25m
(ShareCast News) - Newspaper publisher Johnston Press has agreed to sell its titles on the Isle of Man to UK-based publisher Tindle Newspapers for £4.25m in cash. The disposal includes the Isle of Man Examiner, Isle of Man Courier, Manx Independent and www.iomtoday.co.im, and will be effected by the
Read more11 May 2016 15:05
11 Apr 2016 08:02
Johnston Press completes purchase of i newspaper
(ShareCast News) - Regional newspaper publisher Johnston Press said it had completed its takeover of the i newspaper from Independent Print Ltd. The newspaper, launched as a digest of material from the Independent five years ago, was purchased for £24m. The Independent was shut down in March by own
Read more22 Mar 2016 10:39
Johnston Press signals further job cuts as profits rise
(ShareCast News) - Widespread cost cutting led to a 23% leap in pre-tax profit at Johnston Press, though the newspaper publisher warned more cutbacks could be on the way. The London-listed owner of a number of regional papers concentrated in Scotland and the North of England saw total revenue declin
Read more15 Mar 2016 16:15
15 Mar 2016 11:37
BUZZ-UK Budget: Liberum latest to warn of interest tax change
** Liberum latest broker to warn a possible change in the way UK allows cos to claim tax breaks could hit highly-levered stocks ** Government looking to cap tax breaks from interest payments on debt at 10-30 pct of EBITDA. Link: http://bit.ly/1MgJSoO ** Liberum screens for stocks with
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