Bristol United Press, the regional newspaper group, has reported a half year drop in profits from £4.49 million to £4.24 million, a fall of 5.6%. Revenue increased slightly from £30.4m to £31.1m.
The drop in profits was mostly due to a rise in newsprint costs which are believed to have peaked during the period though ad revenue increased by 8.6%. It was also revealed that BUP had made an unsuccessful bid for United Provincial Newspapers’ Welsh group, which was bought by Southern Newspapers for £31.5m earlier this month *United News & Media Sell Welsh Titles. BUP is believed to be still on the acquisition trail though it is unlikely it would be interested in UPN South East, UPN’s remaining group which is up for sale.
* MediaTel subscribers only
Bristol United Press: 0117 934 3000
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
