At national newspaper division, Associated Newspapers, circulation revenues for the five months to February 2007 were 5% up year on year, while ad revenues in the 6 months to February 2007 increased by 10%. These figures take into account the huge growth in the national digital arm, Associated Northcliffe Digital, which recorded a 48% rise in ad revenues.
The regional arm of DMGT, Northcliffe Media, reported a fall in UK ad revenues of 3% year on year. This was partly due to the weak recruitment and motoring advertising markets. Recruitment revenues were down by 4% while motors fell by 13%. However property revenues bucked the trend, with a growth of 9% compared to the same period in 2006. Northcliffe has offset these revenue falls with significant cost reductions and expects to achieve the annual target of £45 million during the next quarter.
_1.jpg)
.jpg)
