Trinity Results

Trinity International Holdings have announced operating profits for the six months to 1st July 1995.

Pre-tax profit rose 21.3% to £13.3m and earnings per share rose 18.3% to 12.9p Commenting on the results, Phillip Graf, Trinity’s Chief Executive said “The results reflect a good performance in the UK businesses. The proposed acquisition of certain regional newspaper interests of the Thomson Corporation is the opportunity we were seeking to develop the Group further.”

With regard to advertising growth; “In the UK advertising growth, particularly in the Liverpool dailies, resulted in a significant increase in profits. Trading conditions were varied across the country and even within localities.”

Commenting on the acquisition of the Thomson regional newspapers, Trinity said that they did not expect the deal to be completed and approved before the end of the year.

Trinity International Holdings: 0171 457 2345