Trinity Mirror reports strong digital growth in a trading statement

TRinity MirrorSimon Fox’s digital transformation of Trinity Mirror is gathering pace with online revenues up almost 50% in the year to 27 April, helping counter a fall of 9% in advertising across its newspaper titles.

The company said that revenue trends improved during the trading period – total advertising income was down 8% in January and February but improved to 7% in March and April. Ad revenue from its digital publishing operation rose 49% year on year in the period to 27 April. Circulation revenues across its newspaper titles showed resilience, maintaining just a 1% decline.

Trinity Mirror said that total group revenues fell 3% year on year across the trading period.

For the full story read The Guardian