National World has reported a very robust FY trading update and we raise our EPS forecasts by +30% for FY21 and +9% for 2022. The operational transformation implemented by National World has improved the revenue performance of JPI Media more quickly than we had expected, with H2 revenues broadly flat compared with 2020, with +20% growth in Digital offsetting the -3% fall in Print. The group expects FY21 revenues of £85m, compared with DCe £83m and this stronger revenue performance has flowed thr ....
