Digital revenues were up by 33.5%, but overall ad revenue still dropped 1.5%.

What might be considered positive is the relative slowdown of the decline in UK’s print ad market. Johnston’s print ad revenue fell 2.9% for the first six months, compared to a 9.2% drop the previous year.

Perhaps most representative of newspapers and Johnston’s current business expectations, Chief Executive Tim Bowdler still said that "the month of July has seen a continuation of the improving month-on-month advertising trends in the UK."

"(We) anticipate a satisfactory outcome for the year as a whole."

Source: The Irish Times