Trinity Mirror expects satisfactory year

Trinity Mirror said today it expected a satisfactory outcome to the year, although the uncertain economic environment clouded…

Trinity Mirror said today it expected a satisfactory outcome to the year, although the uncertain economic environment clouded the outlook for advertising revenue.

Revenue growth for Britain's largest newspaper publisher's regional titles in April had been slower than the first three months of the year, while the national titles saw a slight decline in revenue from April 2000.

Early indications for May are an improvement in April's performance in the regional and national titles, chairman Mr Victor Blank told the group's annual general meeting.

Shares in Trinity Mirror slipped to £4.60 sterlingafter the statement, down 2 per cent amid general weakness in the British media sector.