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Turnover Down At Adscene

Turnover Down At Adscene

A disappointing performance from its commercial printing division contributed to a 6% fall in turnover at Adscene for the six months ended 29 November 1997. Turnover fell from £28.7 million to £26.8 million.

Pre-tax profits however rose 3.5% to £2.87 million, much of which was the result of large restructuring at the group’s publishing operations. They were also helped by an increase of 11% in advertising volumes and a reduction in newsprint costs.

Adscene: 01227 767321

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