Future plc is an international media group, listed on the London Stock Exchange (symbol: FUTR). Founded in 1985 with one magazine, today we have operations in the UK, US and Australia creating over 200 specialist publications, apps, websites and events.

We hold market-leading positions in our core sectors: Technology, Entertainment & Video Games, Sport & Auto, Music and Creative.

Our most successful products include TechRadar (the UK’s number one consumer technology website), T3, Total Film, BikeRadar, MusicRadar, Classic Rock, GamesRadar, Digital Camera and Mollie Makes.

Future attracts more than 50 million monthly unique visitors to our digital properties websites; and we deliver over 100 digital editions and bespoke apps on tablet devices. We sell 2.2 million magazines every month, and export or syndicate to 89 countries, making us the UK’s number one exporter and licensor of magazine content.

Future is the PPA and AOP Consumer Digital Publisher of the Year.


http://www.futureplc.com/




Not invested in this company at present

Interim Management Statement - 18 July 2013

RNS


RNS Number : 5775J

Future PLC

18 July 2013








18 July 2013

Future plc

Interim Management Statement

Future plc, the international media group, today announces its Interim Management Statement for the period from 1 October 2012 to the date of this announcement, incorporating the Group's third quarter for the three months ended 30 June 2013.

Trading Performance

· Normalised* Group revenues £76.2m, up 1%

· Group digital revenues up 24%

· Statutory EBITDA forecast at £9.5m (EBITDAE £8m) for the year

· Net Debt reduced by 46% to £9.2m

· Dividend resumed at year end

Digital revenues continued their strong growth, up 24% year-on-year, and advertising revenues are approaching 60% from digital markets. Digital edition revenues on the iPad and other tablets are 50% up on a year ago.

In the three months to June trading was below expectations, owing chiefly to continuing weakness in the Games market. The pipeline for the final quarter is strong, but following the challenges of recent months we are forecasting full-year statutory EBITDA results at £9.5m (EBITDAE £8m). Our US business continues to aim to operate profitably by year end.

The senior management and Board are not satisfied with the pace of improvement and have agreed to accelerate our cost saving programme to generate a £2-2.5m margin improvement in the coming year. This programme will continue until the cost base, still geared primarily to print, is better aligned with the changing business.

Financial position

Net debt at 30 June 2013 was £9.2m, down 46% from 30 June 2012, primarily due to the sale of UK Rock titles in April for £10.2m.

Outlook

The outlook for the final quarter is encouraging and we see good momentum building for revenue and profit growth in the next financial year. These trends, combined with cost reductions, have convinced the Board that we should resume dividends, suspended in 2011, with a final dividend this year.

Mark Wood, Future plc Chief Executive, said:

"We are disappointed to miss our target for the full year and as a result we are bringing forward plans to reduce legacy print costs and improve operating margins in the period ahead.

"We see encouraging trends across the business for the final quarter and the year ahead, including in the Games sector in the run up to major new console launches later this year, and anticipate delivering significant revenue and profit growth in the coming year."

Future plc Preliminary Results 22/11/13 up 20% today perhaps on the results

Financial highlights



· Normalised Group revenues up 3% driven by Digital & Diversified revenue streams

· Normalised pre-tax profit at £1.9m from loss of £2.7m in prior year

· Digital revenues up 38% year-on-year, Digital & Diversified now 32% of total Group Revenues*****

· Digital advertising now 59% of total advertising revenue, up from 48% a year ago

· UK operations grow advertising and circulation revenues for the year

· US operating profitably (at EBITDAE level) in H2

· Net debt more than halved from £14.1m to £6.9m following the sale of non-core print activities

· Reinstatement of dividend at 0.2 pence per share



Digital highlights



· Unique users up 14% year-on-year to 57.7 million a month, US unique users up 18% − growth driven by TechRadar

· Page views up 19% year-on-year to 328 million a month

· TechRadar now reaching over 20 million unique users globally a month

· Digital edition revenues up 44% year-on-year

· Over 340,000 subscribers to digital editions, up 46% since September 2012


http://www.moneyam.com/action/news/showArticle?id=4711011

Interim Management Statement 16 July

RNS


RNS Number : 4171M

Future PLC

16 July 2014






Future plc

Interim Management Statement – 16 July

Future plc (LSE : FUTR), the international media group and leading digital business, today announces its Interim Management Statement for the period from 1 October 2013 to the date of this announcement, incorporating the Group's third quarter for the three months ended 30 June 2014.

Trading performance

In the three months to June 2014 trading continued to be in line with the trends seen in the first half of the financial year. The expected slowdown in print copy sales continued while normalised digital and diversified revenues are up 10% year on year.



During the period a major US print magazines distributor filed for Chapter 11 bankruptcy protection resulting in an exceptional charge of £1.5m, largely arising from bad debts, in H2 2014.

Financial position

Net debt at 30 June 2014 was £14.2m. Following the receipt of funds from the disposal of Sport and Craft titles, the Board expects to be in a net cash position at the year end.

The Group has finalised a new revised facility of up to £12m until 31 December 2015.

Transformation Programme and outlook

The Group continues to make good progress on the transformation programme which was initiated in Q2. The collective consultation process has now been completed. As previously reported, this is expected to result in a headcount reduction of over 170 roles in the UK in addition to over 40 roles already exited in the US.

Future expects to reduce its cost base following the headcount reductions and other cost savings across the Group by some £6m in the next financial year.

In the near term trading continues to be challenging, with minimal forward visibility. The business does not foresee a change in the financial performance this financial year with the impact of the transformation programme not expected to be material until 2015.

Zillah Byng-Maddick, Future plc Chief Executive, said:

"We have taken the necessary action to strengthen the balance sheet and secured new debt facilities to enable the business to be fundamentally restructured. As a result, the Group is now in a much more stable position.

"We are making good progress - in line with our original plans - but organisational change of this scale takes time. Against a backdrop of a difficult trading environment, we don't expect to see any material uplift in our financial performance until the next financial year."

Final Results

http://www.moneyam.com/action/news/showArticle?id=4927739

Director Deals - Future PLC (FUTR)

Manjit Wolstenholme, Non Executive Director, bought 120,000 shares in the company on the 24th November 2014 at a price of 9.80p. The Director now holds 154,000 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

15:30 25/11/2014
Director Deals - Future PLC (FUTR)

Peter Allen, Chairman, bought 125,000 shares in the company on the 24th November 2014 at a price of 9.74p. The Director now holds 1,000,000 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

15:30 25/11/2014
Director Deals - Future PLC (FUTR)

Peter Allen, Chairman, bought 75,000 shares in the company on the 24th November 2014 at a price of 9.34p. The Director now holds 875,000 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com

Jan-2017, Magazine Company . . . 15:1 share CONsolidation . . Now about 177p DYOR . . beware the value hasn't changed. . . . Graphs are showing an increase.
EDIT-(22May2017)- sp 227 looks on the Up.....perhaps.

Interim results Thursday 17 May...

RNS
RNS Number : 6585M
Future PLC
01 May 2018

1 May 2018

Future plc

Completion of acquisition of four specialist consumer titles from Haymarket Media Group

Future plc (LSE: FUTR), the global platform for specialist media, today announces the completion of the acquisition of the specialist consumer titles of What Hi-Fi?, FourFourTwo, Practical Caravan and Practical Motorhome from Haymarket Media Group.

Following initial discussions with the CMA, it was decided not to pursue the acquisition of Stuff. The consideration has therefore been reduced to up to £13m, including the issuance of 370,708 shares which are subject to lock-up restrictions for three months from the date of issue (the "Consideration Shares").

The Company has made applications for the Consideration Shares to be admitted to the standard segment of the Official List and to the London Stock Exchange's Main Market for listed securities ("Admission"). The Company expects Admission to occur at 8am on 2 May.

The four acquired titles generated revenue of £9.6m in the last financial year to June 2017.

RNS
RNS Number : 3487O
Future PLC
17 May 2018

17 May 2018

Future plc

Global media platform generating strong profitable growth

Future plc (LSE: FUTR, "Future", "the Group"), the global platform for specialist media, today publishes results for the six months ended 31 March 2018.

Financial highlights
● Group revenue up 25% to £51.1m (2017: £40.9m), of which 7% is organic
o US revenue organic growth of 22% to £10.4m (2017: £8.5m)
o Media division revenue up 62% to £26.2m (2017: £16.2m), of which 31% is organic
o Organic eCommerce revenue increased 76% to £7.6m
o Digital display advertising revenue up 33% to £11.3m
o Events revenue grew 142% to £7.3m, bolstered by Home Interest acquisition
o Magazine division revenue up 1% to £24.9m (2017: £24.7m), reflecting acquisition of Home Interest's print titles in FY17 offset by expected continued print decline
o Recurring revenue* now 28% (2017: 27%) of total revenue
● Adjusted EBITDA** increased 83% to £8.8m (2017: £4.8m)
● EBITDA margin (adjusted) improvement to 17% (FY17: 12%), reflecting planned changes in revenue mix and operational leverage benefits of increased scale of Group
● Continued growth of adjusted operating profit*** up 97% to £7.5m (2017: £3.8m) and reported operating profit of £3.8m (2017: £1.3m)
● Adjusted EPS up 45% to 13.5p per share (2017: 9.3p per share) and reported EPS increased to 7.4p per share (2017: 2.8p)
● Strong adjusted operating cash inflow**** of £11.1m (2017: £6.2m) and reported operating cash inflow increased 225% to £10.4m (2017: £3.2m) with adjusted cash conversion of 127%*****

Operational highlights
● Considerable progress in strategy to build a profitable global platform business for specialist media with diversified revenue streams, through organic growth and acquisitions
● Scalable infrastructure allowing integration of Home Interest's systems within four months, with limited increase in back office costs
● Leading edge technology has enabled further diversification of revenue mix, with continued improvements in Hawk eCommerce technology and programmatic advertising
● Investment in US management team to realise full potential of US growth opportunity while leveraging the Group infrastructure
● Acquisitions:
o Proven track record of successfully integrating acquisitions, Home Interest now completed
o Acquired US based NewBay Media in April 2018, driving macro revenue diversification with B2B brands and accelerating Future's growth in the US
o Four specialist consumer brands acquired from Haymarket Media Group in May 2018

Zillah Byng-Thorne, Future's Chief Executive, said:

"We have delivered another period of significant growth in the first half of the financial year with increases in both revenue and profitability, driven by our strategy to develop a scalable global platform business.

"Underlying growth has been notably strong in Media revenues and in the US, which represents a significant opportunity for the Group. We have also maintained our relentless focus on delivering sustainable growth in EBITDA, through the generation of profitable and diversified revenue streams.

"The two acquisitions we have made this year exemplify our strategy of growing organically and through acquisition, delivering global expansion and revenue diversification. We have a proven track record of successful delivery, and the Home Interest portfolio we acquired 10 months ago has now been fully integrated. We anticipate continued growth momentum across the business in the second half of the year."

*Recurring revenue comprises eCommerce and subscriptions.
**Earnings before share based payments and associated social security costs, interest, tax, depreciation, amortisation, impairment of intangible assets and exceptional items.
***Before share based payments, amortisation of acquired intangibles and exceptional items, in aggregate of £3.7m (2017: £2.5m).
****Adjusted operating cash inflow represents operating cash inflow adjusted to exclude cashflows relating to exceptional items.
*****Adjusted cash conversion represents adjusted operating cash inflow as a percentage of adjusted EBITDA.

11:00 17/05/2018
Broker Forecast - Numis issues a broker note on Future PLC
Numis today reaffirms its buy investment rating on Future PLC (LON:FUTR) and raised its price target to 560p (from 465p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk