Future expects first-half results to top expectations amid ongoing momentum
Source - SMW
Specialist media platform Future said Tuesday it expected first-half results to be 'significantly' ahead of its expectations as strong momentum experienced in the first quarter of the financial year had continued.
The company said that while a great deal of uncertainty remained from the macro-economic environment in terms of second half outcome, the strong trading in the first four months of the financial year 'means that the board now expects the outcome for the full year to be significantly ahead of market expectations.'
'We have seen a positive performance in audience numbers within the Media side of the business which has led to strong revenue conversion in both ecommerce and digital display advertising over the first four months of the financial year,' the company said.
At 10:06am: (LON:FUTR) Future PLC share price was +99p at 669p