DMGT reports recovery in ad sales
Trust announces first increase since March 2008.
Daily Mail & General Trust (DMGT) has reported that revenues at its newspapers business rose in the first three months of 2010, with an 8 per cent year-on-year rise in advertising revenues at its national newspaper division in the quarter to March.
However, the advertising revenues at its regional division in Northcliffe slowed to 5 per cent in the same period, down from 10 per cent in the five months to the end of February. DMGT said overall margins and profits had increased since last year. The publisher has predicted a significant increase in its half-year results but warned that the visibility of future advertising at its national titles remains "very limited".