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Publisher Johnston Press full-year revenue falls; weak pound hurts

Fri, 03rd Feb 2017 08:13

Feb 3 (Reuters) - Johnston Press Plc, the publisherof the Scotsman and the Yorkshire Post, said it is seeing highercosts from imported paper and ink due to weakness in sterlingafter the Brexit vote, as it posted a 6 percent fall infull-year revenue.

The 250-year-old company said trading in the fourth quarterended Dec. 31 improved after a difficult summer prompted byBrexit-related uncertainty but total print and digitaladvertising revenue, excluding classifieds, for the full yearwas down 7 percent. (Reporting by Rahul B in Bengaluru; Editing by Adrian Croft)

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Johnston Press full-year revenues decline on lower newspaper sales

Newspaper printing group Johnston Press has posted a drop in full-year revenues in line with market expectations, but announced the award of a new contract with Express newspapers group. The group has won a five-year contract to print Express Newspapers in the north of England, with printing of the

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