Future has made another key acquisition this time consolidating its recent expansion in the US technology orientated segment. The Mobile Nations brands add an extra online audience of over 40m per month. The acquisition also further increases the weighting of Media (online advertising and eCommerce) boosting growth and valuation potential. We lift EPS 4.7% for FY19 and 13.1% for FY20. The 3 year earnings CAGR rises to a highly attractive 24.2%.
01 Mar 2019
Consolidating strength
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Consolidating strength
Future plc (FUTR:LON) | 638 28.7 0.7% | Mkt Cap: 735.6m
- Published:
01 Mar 2019 -
Author:
Johnathan Barrett -
Pages:
3
Future has made another key acquisition this time consolidating its recent expansion in the US technology orientated segment. The Mobile Nations brands add an extra online audience of over 40m per month. The acquisition also further increases the weighting of Media (online advertising and eCommerce) boosting growth and valuation potential. We lift EPS 4.7% for FY19 and 13.1% for FY20. The 3 year earnings CAGR rises to a highly attractive 24.2%.