Regional newspaper company Northcliffe has announced its latest trading update, informing investors that the company is continuing to perform well.

Circulation revenues for the past five months are up, circulation figures are showing a slower decline than recently, and performances of both daily and weekly titles are being hailed as better than the regional newspaper industry average.

Advertising revenues during the same period were five percent ahead of last year’s figures.

And there was a gradual improvement showing in publishing margins.

The update has been published ahead of the half-year trading statement due next month.

It also showed parent company Daily Mail & General Trust maintaining strong sales of the national titles, the Daily Mail and Mail on Sunday. Evening Standard sales were down five per cent – but Metro was up seven per cent to 894,000.

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