Future PLC Update on current trading and Board change (9304D)
01 7월 2019 - 3:00PM
UK Regulatory
TIDMFUTR
RNS Number : 9304D
Future PLC
01 July 2019
1 July 2019
Future plc
Update on current trading and Board change
Trading update
Future plc (LSE: FUTR), the global platform for specialist
media, today announces that the positive trends seen in the first
half of the year have continued, and as a result, full year results
are expected to be ahead of expectations. The strong performance
has been underpinned by good audience growth within the Media
division and the continued strong underlying performance of the
recent acquisitions.
Board Changes
Penny Ladkin-Brand will commence a new role as Chief Strategy
Officer, from the 1 January 2020; at that time she will step down
from the role of Chief Financial Officer (CFO) and from the
Board.
The Board has commenced a search for Penny's replacement as CFO
and anticipates having someone in place by the end of the calendar
year.
Zillah Byng-Thorne, CEO of Future, said:
"I am delighted that Penny will remain a part of Future's
leadership team, as we continue to deliver our strategy to build a
global specialist media platform driven by technology.
"Penny has made a significant contribution to the development of
Future over the past four years and has steered the business
through a period of substantial growth and progress."
Enquiries
Future plc 01225 442244
Zillah Byng-Thorne, Chief Executive Officer
Penny Ladkin-Brand, Chief Financial Officer
020 7457
Instinctif Partners 2077
Kay Larsen / Chantal Woolcock
About Future
Future is a global platform business for specialist media,
driven by technology, with diversified revenue streams.
The Media division has three complementary high-growth revenue
streams: eCommerce, events and digital advertising. It operates in
a number of sectors including technology, gaming and entertainment,
creative and photography, music, home interest, hobbies and B2B and
its brands include TechRadar, PC Gamer, Tom's Guide, Homebuilding
& Renovating Show, GamesRadar+, The Photography Show, Top Ten
Reviews, Live Science, Android Central, Guitar World, MusicRadar,
Space.com, NY TV Week, Tom's Hardware and Cyclingnews.com.
The Magazine division focuses on publishing specialist content,
with 80 publications and over 537 bookazines published per year,
totalling global circulation of 1.2m. The Magazine portfolio spans
technology, gaming and entertainment, music, creative and
photography, hobbies, home interest and B2B. Its titles include
Classic Rock, Guitar Player, FourFourTwo, Homebuilding &
Renovating, Digital Camera, Guitarist, How It Works, Total Film,
What Hi-Fi?, ProCycling and Music Week.
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END
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July 01, 2019 02:00 ET (06:00 GMT)
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