- Future
- 05 February 2025 07:55:36
Source: Sharecast
For FY25, market expectations are for revenue of between £758.5m and £785.4m and adjusted operating profit of £197.3m to £223m.
In B2C, Future said the improvement it saw in US digital advertising and ecommerce in the second half of 2024 has continued, with both areas recording year-on-year growth, with broadly stable audience sessions performance.
Magazines have remained more resilient, led by premium titles, while the UK advertising market remains challenging.
Future also said that after a "standout" FY 2024, the performance of Go.Compare has moderated due to an expected slowdown in the car insurance switching market.
The company said it has continued the diversification into other categories such as home insurance which are delivering good growth. The market in B2B remains mixed, with enterprise technology soft but good progress in other verticals, it said.
Chief executive Jon Steinberg said: "After our return to growth in the second half of last year, our focus for this year is on the continued execution of our Growth Acceleration Strategy.
"We are pleased with the start to the new financial year and, whilst we remain mindful of the macro backdrop and the ongoing evolution of the media landscape, we are confident about making further progress and delivering a performance in line with market expectations."
