16th Oct 2013 10:00
LONDON (Alliance News) - Future PLC Wednesday said it expects its full-year results to be in line with management expectations, following a strong financial performance in the final quarter of the year to September 30.
Future, which publishes magazines such as T3, Total Film, Cycling Plus, Mollie Makes and Official Xbox Magazine, said its trading across all areas is gaining momentum, with forward advertising bookings for the first quarter of 2014 up more than 30% on the same point last year.
Future also has a significant web presence and is the company behind techradar.com, gamesradar.com, bikeradar.com and musicradar.com.
"Future is making good progress in reshaping the business and continues to pursue cost savings in order to improve operating margins. The board remains committed to resuming dividends, suspended in 2011, with a final dividend for the year ended 30 September 2013," the company said in a statement.
Future PLC shares were Wednesday quoted at 14.05 pence, up 1.43 pence, or 11%.
By Samuel Agini; [email protected]; @samuelagini
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