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The Guardian - UK
The Guardian - UK
Business
Alex Hawkes

Trinity Mirror drops 15% after poor September

Trinity Mirror was one of the big fallers among the smaller caps, losing 15% today on the back of a poor September.

The newspaper group put out an interim management statement this morning saying its performance would be in line with expectations, but the poor September trading appeared to dominate investors' thoughts.

David Buik of BGC Partners said:

Though Trinity Mirror posted a 4% increase in sales for the last 17 weeks the outlook was discouraging and investors decided to give this beleaguered stock a battering.

The shares were down 15p to 89p.

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