Independent News & Media says it expects its earnings for the first half of this year to be 10% higher than in the same period last year.
In a trading update, it said group revenue would be 3% higher, with revenue from circulation up 3% and advertising ahead 3.5%. INM added that advertising growth in its online businesses was showing double-digit percentage growth.
Chief executive Dr Tony O'Reilly said the early figures for this year were in line with expectations and the company expected another year of double-digit earnings growth.
Shares in the group closed down five cent at €2.25 in Dublin this evening.
