The group said that its overall performance had “exceeded expectations”.

“Circulation sales have remained resilient despite the recent lockdowns, supported by management action on availability and increased cross-promotion of national and regional titles. Overall, for the five months to 22 November 2020, a decline in print revenue of 19.6% contributed to a group revenue decline of 13.9%.”

Digital revenues  grew by more than 16% in the five months to 22 November.

There’s no update as yet on Reach’s plans to shut its newspaper printing plants at Luton and Birmingham, announced earlier this month follow a review that began in September.

Consultation on the proposals, which would leave the PLC with four print sites, is ongoing.

Reach also acquired the remaining 50% stake in Independent Star, owner of the Irish Star.

Chief executive Jim Mullen commented: “The headwinds from COVID-19 have been considerable, but while we remain mindful of potential impacts from the current lockdowns, we approach the end of the year with a strong and growing digital business, resilient print circulation sales, and a new, efficient operating model.”