Future Group has announced the outcome of a management review into the potential impact from Covid-19 on forecasts. As we would expect, the conclusion is that there will be no impact to profits in FY’20E or FY’21E, with Covid19 not showing signs of disrupting strong Group underlying online fundamentals. The Group’s events revenue stream (6% of Group revenues, c.2% of profits) has seen two near-term events rescheduled, although these are still forecast to land in the current financial year (July ....
