Trinity Mirror: Digital Revenues Up by 50 Per Cent in a Year
Trinity Mirror’s digital revenues have grown by almost 50 per cent, according to the publisher’s latest financial results, which also showed that digital audiences have nearly doubled in just a year.
Average monthly unique users grew by 87 per cent year on year to 73.2 million and average monthly page views grew by 97 per cent year on year to 509.4 million across our publishing operations with publishing digital revenue growing by almost 50 per cent, the publisher said.
Simon Fox, Trinity Mirror chief executive, 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.”