Week on week analysis shows that Highbury House, which released its full year results on Thursday showing a 29% rise in revenue to £100m (see Highbury House Sees B2B Publishing Revenues Flat For 2002), was one of the best performers in last week’s media market. Shares rose 23.91% week on week to close at 28˝p, an increase of 5˝p on the previous week.
Carlton and Granada also performed strongly in week on week analysis despite doubts over the long term future of ITV Digital (see Football League Rejection Could Close ITV Digital). Carlton was up 16.14% week on week to finish at £2.86, while Granada saw shares rise 8.70% to close at £146ž, 11žp better off than the week before.
At the other end of the scale SMG was the worst media performer in last week’s market with shares slipping 2.40% to finish at £1.42˝, a loss of 3˝p on the previous week.
The closing prices of media company shares on Friday were:
