Johnston Press shares reportedly down by eight per cent

SHARES in Johnston Press, publisher of The Scotsman, reportedly fell by eight per cent yesterday, following the publication of its latest financial results.

Says The Herald, the fall followed the announcement yesterday morning that like-for-like year-on-year revenue had fallen by 11.4 per cent.

The share price closed last night at 11p, down 1p.

The Scotsman’s report today is more upbeat.