Scottish Provincial Press profits grow despite industry slump
Posted
by
Patrick Smith
on 2 April 2008
at 09:43
Tags: Journalism
Scottish Provincial Press, one of the biggest local newspaper groups north of the border, has returned improved profits in its year-end accounts despite a slump in advertising revenues for many newspapers,
SPP increased operating profits by 8 per cent to £2.43m in the 52 weeks to September last year, compared to the previous 12 months, reports the Herald.
The company increased turnover by four per cent - up to £15m - from its 12 titles including the Caithless Courier and John O’Groats Journal.
Tags: Journalism
