Local newspaper publisher reports operating profits down 4.3% to £27m in first half to 3 July,but digital audience grows by more than 20%Johnston Press has said it has seen an improvement in trading since issuing a warning to investors that sent its shares tumbling last month, although ad revenue still slumped by 7.7% year on year in July.
The regional newspaper publisher, and which saw its share price plunge by up to 16% after issuing a profit warning,said operating profits fell 4.3% to £27m in the first half to 3 July.
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Source: theguardian.com