Future plc, the international media group, today provides a trading update ahead of its results for the year ended 30 September 2013, which will be announced on 22 November 2013.
The Board expects that the Group’s results for the year to 30 September 2013 will be broadly in line with management’s expectations. This follows a strong financial performance in the final quarter of the year. We are now seeing encouraging momentum across all trading areas, and forward advertising bookings for the first quarter of FY14 are over 30% up on the same point last year.
Future is making good progress in reshaping the business and continues to pursue cost savings in order to improve operating margins. The Board remains committed to resuming dividends, suspended in 2011, with a final dividend for the year ended 30 September 2013.