30/08/2000
Building on last year's strong results, Johnston Press has forged ahead in the half year to June and recorded further excellent profit growth. Pre-tax profits were up 36% to £35.2m and like-for-like advertising revenues increased 9%, boosted by the buoyant national economy. The surge in profits is partly due to a stronger than anticipated performance of its recently acquired businesses and an increase in operating margins from 29.1% to 30.6%. Despite an anticipated increase in the cost of newsprint from 2001, the board says that 'the outlook remains positive' for the business.
| Market cap: | £716.8m |
| PE Average: | n/a |
| PE Forecast: | 16.6 |
| PE Historic: | n/a |
| Share price: | 358p |
| LSE | £87.96m |
13.75p
|
0.50p
|
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| Other company articles: |
| 03/03/2008 |
| 07/02/2008 |
| 03/01/2001 |
| 30/08/2000 |
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