Chrysalis trading well

Heart and Galaxy owners Chrysalis have announced trading during its first half of the year is broadly in line with the Board’s expectations, and that both radio and music businesses remain well placed to outperform the sectors in which they operate. Meanwhile the 'review' is still going well.

"Whilst the market remains volatile month to month, we are seeing signs of an improving trend. The second half has started positively, with March revenues expected to be up at least 2%." Chrysalis said today.

The company is confident they can meet their target of a flat revenue performance for the full year. Further details on the review, which was announced on February 12th, will be released soon.

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