Strategy Pays Off As Trinity Mirror Profits Soar

The JournalMarch 04, 2005

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Summary


Newspaper group Trinity Mirror said yesterday its performance- based strategy, Stabilise Revitalise Grow, had paid off after annual profits rose by more than 20pc.

The group ( owner of regional titles including The Journal, Evening Chronicle, Sunday Sun, Herald & Post and Evening Gazette on Teesside as well as national newspapers including The Mirror and Sunday People ( said it had achieved all its financial targets as operating profit rose from pounds 209.4m to pounds 253.1m in 2004. Revenues rose by 5.8pc to pounds 1.141bn with operating margins rising from 19.4pc to 22.2pc across the group as the group cut costs by pounds 28m.

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Strategy Pays Off As Trinity Mirror Profits Soar

Operating profit across the regional newspapers division so...

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