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Two information publishers have released pre-Christmas trading updates ahead of the publication of their full official earnings for the second half…
– Trinity Mirror: Catching up with the news publisher’s announcement – group-wide digital revenues for the five months to November grew a very exact 33.3 percent (27 percent for regional titles, 98.5 percent for nationals). Across the full 11 months to November, group digital revenues grew 28.7 percent, 24.6 percent of which was in the first half. Group ad revenue shows slow signs of recovery – for the five months to November, it’s up 2.1 percent year-on-year – in the first half, it fell 1.5 percent, so that’s up 0.1 percent over the full 11 months to November (one percent up in nationals, 0.3 percent down in regionals). Via release.
– Informa: Datamonitor, bought by the events and info firm in May, is on track to have grown revenue by 20 percent over the year. Publishing in the professional and commercial divisions “is benefiting from higher yields through the increased utility of digital delivery”. The 2008 projection is that subscriptions will constitute 30 percent of company revenue. The publishing division generates only three percent of its revenue from advertising and is expected to contribute 60 percent of 20008 company profits. Via release.