Wazzup – 19th May 2017

1. Johnston Press (jpr_l) – AGM IMS (wk 1-17): Still tough out there for regionals               .                           .                   .

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Johnston Press (jpr_l) – AGM IMS (wk 1-17): Still tough out there for regionals

Latest trading update – AGM IMS (weeks 1-17): Q1 trends “have continued and the board expects trading for the full year to be in line with market expectations”. That entails a +0.2% rise in reported sales, albeit still representing a -12% underlying decline (excluding the acquisition of ‘I’) and notwithstanding digital advertising edging ahead by +3% on an +11% rise in audiences and +17% increase in page views. Volumes for ‘I’ are reported up +4% since acquisition, with revenues ahead by +23% and online users +12% higher. Circulation volumes for the Scotsman and Yorkshire Post are reported to be ahead YoY, although the group omits to provide an overall figure for its publications for the period.

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