Advertising revenue at regional publisher Newsquest were down 5pc in the second quarter of this year, its latest results have shown.
Parent company Gannett has just published figures for April to June this year, which show that advertising revenues were down 5.2pc year-on-year, while digital revenues were up 10.1pc.
The second quarter results show that retail advertising dropped 4.1pc, national advertising rose by 2.6pc and classified was down 7.1pc compared to the same period last year.
Within the classified category, motors advertising fell by 14.1pc, jobs were down 4.3pc and property was down by 8.1pc.
The report said Newsquest’s websites attracted 87m monthly page impressions from about 10m unique users in June this year.
For Gannett’s US publishing division, advertising revenues were down 8.3pc, while digital revenues were 29.3pc higher.
Gracia Martore, president and chief executive officer, said, “Gannett is making measurable progress in implementing our growth strategy. We are pleased with the early results of these efforts and look forward to strong progress in the second half of the year.”