GCap in line with expectations
GCap Media's advertising revenue over the past three months has been in line with market predictions. Like for like total revenue growth in the second quarter of the financial year is expected to be around 6%, and as forecast, excluding the sale of the Century stations to GMG.
The company reported the news in a trading update this morning which also suggests the strong growth partly reflects a period last year when revenues were depressed by the World Cup.
Interim Results are due to be released on 23 November 2007.