1st Jul 2019 10:30
(Alliance News) - Magazines publisher Future PLC on Monday said full-year results will be ahead of expectations, underpinned by good audience growth within the Media division and the continued strong performance of recent acquisitions.
The guidance was also attributed to a continuation of positive trends seen in the first half. Future's financial year ends September.
Shares in Future were trading 10% higher at 1,066.59 pence each on Monday morning.
The company also said Chief Financial Officer Penny Ladkin-Brand will step down and assume a new role of chief strategy officer from January 2020. Ladkin-Brand will also step down from the board.
Future has started a process to find a new finance boss and intends to appointment one by the end of 2019.
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