7th Feb 2024 09:36
Future PLC - Bath, England-based online magazine publisher and owner of price comparison website Go Compare - Says that trading has been "broadly in-line with expectations" for the four months to January 31. Macroeconomic pressures have resulted in a "slower start to the year" for affiliate products and digital advertising, Future says, but these are being offset by "strong trading in price comparison and good growth in business-to-business". The company also notes headwinds from currency movements in the four-month period, but says that magazine sales continue to be "resilient". In its December results for financial 2023, Future said that it expected a return to organic revenue growth in the second half of 2024, translating into "low-single digit" revenue growth for the full year ending September 30. The company will announce its results for the half-year ending March 31 on May 16. Read More
