Commenting on the annual results for 2014, Simon Fox, Chief Executive, Trinity Mirror plc, said: "I am pleased with the financial and strategic progress we have made in 2014. We continue to invest across the Group in people and technology and this is delivering significant growth in digital audience and revenue. Whilst print has remained challenging, our continued focus on efficiency and cost management has resulted in another year of profit growth and strong cash flow which has enabled us to significantly reduce net debt and propose a final dividend for 2014, the first since 2008. I am grateful to all our colleagues for their contribution to this performance.
At the end of the year I implemented a new streamlined management structure and I am confident that this will accelerate our focus on delivering sustainable growth in revenue and profit. The Board expects performance for 2015 to be in line with expectations."
