Future on track to meet FY expectations
By Frank Prenesti
Date: Friday 17 Jun 2022
(Sharecast News) - Specialist media publisher Future said it was on track to meet full-year guidance as markets recovered from the Covid pandemic.
The company on Friday said its "encouraging start" to the second half had continued as Covid comparators were fully lapped.
"In addition, the Group continues to benefit from the effect of its diversified audiences and revenue streams, its operating leverage, excellent cash conversion and strong balance sheet. As a result, Future reconfirms it is on track to achieve full-year 2022 guidance," it added in a trading statement.
Future also confirmed the completed the acquisition of Who What Wear, a digital-only women's lifestyle publisher based in the US.
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