Future’s year-end trading update outlines the good progress made in driving the new revenue streams, leveraging the strong portfolio of global brands. FY16 results are in line with management expectations, with cash flow better than anticipated, resulting in a small net cash position at the year end. Future has now been informed that the CMA has no objection to it completing the acquisition of Imagine Publishing, subject to the ring-fencing of one title out of the 22 in the portfolio. O
12 Oct 2016
Imagining the Future
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Imagining the Future
Future plc (FUTR:LON) | 613 -61.3 (-1.6%) | Mkt Cap: 706.2m
- Published:
12 Oct 2016 -
Author:
Fiona Orford-Williams -
Pages:
3
Future’s year-end trading update outlines the good progress made in driving the new revenue streams, leveraging the strong portfolio of global brands. FY16 results are in line with management expectations, with cash flow better than anticipated, resulting in a small net cash position at the year end. Future has now been informed that the CMA has no objection to it completing the acquisition of Imagine Publishing, subject to the ring-fencing of one title out of the 22 in the portfolio. O