Newspaper publisher Trinity Mirror has said it remains confident of meeting profits expectations, despite continued volatility in advertising conditions.
The company, which owns British national newspapers including the Daily Mirror and around 240 regional titles, has seen a slowing in the rate of decline for advertising sales, with revenues for the 26 weeks to July 1 expected to be down by 1.5%.
Trinity also reported progress on the disposal of some of its regional titles and the Racing Post. The company is said to be in talks with a group of Irish investors over a £190m sale of the Racing Post.
It said the first announcement was likely 'in the coming weeks'.
