Commenting on the interim management statement for the period, Simon Fox, Chief Executive, Trinity Mirror plc, said: “Our transformation programme continues to make good progress and we are beginning to see tangible signs that our strategy is delivering with improving revenue trends, strong growth in digital audience and continued tight management of the cost base, contributing to robust cash flows with falling leverage.
Although I expect continued volatility in revenues, the progress we are making provides the Board and I with confidence that our performance for the year will be at the higher end of market expectations.”