Independent News & Media plc reported interim management statement for the period from January 1, 2015 to May 1, 2015. Total group revenues declined by 1.0%, total advertising revenue growth of 2.9%, digital advertising revenue growth of 45.6%, offsetting the decline in publishing advertising revenue and total circulation revenues declined by 4.2%. Overall, Group revenues have been adversely impacted by the continued declines in circulation revenues. However, these declines have been offset by continued cost savings which have mitigated the impact on EBIT.

2015 has started well and the company remain confident that its full year performance will be in line with expectations.