Results in the web fed Printing Division were pleasing, largely due to encouraging increases in revenues at the new North Richmond site. The new press was now fully operational, enabling the Division to obtain new external contracts. The Ipswich licence 106.9 FM had been granted improvements to its signal in the ABA S recent Licence Area Planning process. The group s involvement in outdoor advertising through its investment in Street Vision had experienced operational difficulties during system rollout, particularly prior to and over the Olympic period, which impacted on marketing this new medium to potential advertisers. Upgrades in the audio and visual systems to enhance the quality of the medium had been completed in the major railway stations, with the remainder to be completed in February.
Early indications are positive for the recently-launched merchandise module.
The company s rollout of the Yourguide sites across Australia was well advanced. Directors have recommended that last years interim dividend of 5.0 cents per share fully franked at 34 per cent on ordinary shares and 5.5 cents per share fully franked at 34 per cent on Preferred shares be maintained. Trading conditions for the remainder of the financial year were generally showing no signs of improvement at this stage. Given the uncertainty of economic conditions in an election year, it was difficult to confidently assess the immediate trends despite some positive aspects. Download a free copy of Acrobat .