Portsmouth Profits

Portsmouth and Sunderland Newspapers’ preliminary results show the company has returned strong profits after two difficult years.

Operating profits, before exceptional items, for the 52 weeks to March 29 this year rose 16% to 9.4 million. This growth came from publishing, up 16% to £6.6 million and from retailing, up 23% to £2.7 million.

Advertising revenue across the group was up 6%.