Regional newspaper publisher, Adscene, has sold Flair Press, which comprises the substantial part of the Commercial Printing Division, to Spectrum Press for approximately £1.3 million. Adscene describes Flair’s operations as non-core and a drain on the Group’s management resources.
Adscene says that its publishing operation is showing improvement on the previous year and that advertising is holding up well with particular improvements in the recruitment and property sectors.
Adscene releases interim results for the six months to 30 November 1998 in January 1999.
Adscene: 01227 767 321
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