Updates

Johnston Press - 530p price target

February 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Johnston Press has once again demonstrated why it is regarded as oneof the best run regional newspaper groups in the UK. In a tradingupdate ahead of its December 31 year end the company announced that profit would be "ahead of analysts expectations" thanks to good cost control, but also better than expected revenue growth thanks to improved advertising sales. These grew 4.9% for the five months to 30 November, thanks to continued strong performance from property advertising, and an improvement from recruitment advertising and national display advertising. Meanwhile, circulations of its weekly titles are on course to record their eighth successive year of growth, leaving the daily titles as the only area in decli ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Informa - Acquires PJB for £120m

TMI Trader Portfolio - February

Johnston Press - Operating margins jump to 35.2% (October 2004)

Johnston Press (October 2003)

Johnston Press - Trading ahead of expectations (July 2003)

Johnston Press - Profit "to be at top end of forecasts" (February 2003)

Johnston Press (December 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X