The Financial Statement is now available to download here.
Commenting on the interim results for 2013, Simon Fox (pictured), Chief Executive, Trinity Mirror plc, said: "I am pleased with the progress we have made in the first half. The Group is producing some outstanding journalism and in a challenging market is outperforming its peers on a number of measures in both print and online. Whilst still at an early stage, our transformation plan has got off to an encouraging start and this provides me with confidence in the performance for the year.
I am pleased with the progress we are making on the delivery of our strategy that we outlined just over four months ago. Also encouraging is the solid financial performance we delivered in the first half with profit before tax up 2.5% and earnings per share up 5.5% with strong cash flows enabling net debt to fall by £36.7 million to £120.3 million.
Although revenues remain under pressure, clear progress is being made on the delivery of the areas of strategic focus set out at the beginning of the year.
As result of our strong journalism we are pleased that the Daily Mirror continues to deliver volume trends that remain better than the UK national daily tabloid market with circulation volume for the first half down 4.6% in a market that declined by 9.6%.
Also, our average monthly unique users and average monthly page views across our publishing business have grown year on year by 36.9% to 34.2 million and by 48.6% to 182.3 million respectively. We are already seeing early signs of how we can drive revenues from the growth in our digital audience with digital display advertising growing year on year by 15.1%.
I anticipate further progress as we move through the remainder of 2013."
