Saturday 10 December 2016

Johnston Press profits increase as costs fall £19.6m

Published 22/03/2016 | 07:45

Johnston Press
Johnston Press

Britain's Johnston Press said it posted a 23pc jump in adjusted profit before tax as it continued to cut costs.

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The world's largest journal publisher reported an adjusted profit before tax of 31.5 million pounds for the 52 weeks ended January 2, compared with £25.7m a year ago.

Johnston, which publishes The Scotsman newspaper, said operating costs for the period was £191.7m, down by £19.6m.

Reuters

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