30th Jan 2007 07:01
Future PLC30 January 2007 Future plc 30 January 2007 Trading Update At today's Annual General Meeting of Future plc, the internationalspecial-interest media group, Chairman Roger Parry will make the followingstatement: "Revenues from continuing activities for the first quarter (October to December)were in line with expectation, with continued softness in some games revenuescompensated for by online revenue growth exceeding expectation. "Continuing operating costs and overheads remained under tight control duringthe quarter - running at an annualised level £4.5m below those for last year.The Group's EBITA profit generated for the quarter was in line with expectation. "Although we continue to take a cautious view of our markets and anticipate thattrading conditions will remain challenging throughout 2007, our new financialyear has begun well and implementation of the strategy outlined on 29 November2006 continues on track. "Shareholders are reminded that reported revenue for the financial year ended 30September 2006 was £224.9m. This figure included £15.4m of revenue from the 44magazines closed or sold in the year and £13.1m from Future Media Italy, whichwas sold in December 2006." Enquiries: Future plcStevie Spring, Chief Executive Tel: 020 7042 4032John Bowman, Group Finance Director Tel: 01225 732281 Hogarth PartnershipJames Longfield/Georgina Briscoe Tel: 020 7357 9477 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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