Future’s audience growth metrics have proved stronger than expected in the first 4-months of FY’20E. Management now forecast financial performance to be ‘materially’ ahead of current FY’20E market expectations. We upgrade our FY’20E sales by 4%, and with outperformance indicated to be in higher margin profile eCommerce and digital display advertising areas, we upgrade FY’20E EBITDA by 8%. Given current macro uncertainty we leave FY’21E and FY&rs

03 Feb 2020
Audience growth outperforming expectations

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Audience growth outperforming expectations
Future plc (FUTR:LON) | 755 -151 (-2.6%) | Mkt Cap: 912.2m
- Published:
03 Feb 2020 -
Author:
Caspar Erskine -
Pages:
3 -
Future’s audience growth metrics have proved stronger than expected in the first 4-months of FY’20E. Management now forecast financial performance to be ‘materially’ ahead of current FY’20E market expectations. We upgrade our FY’20E sales by 4%, and with outperformance indicated to be in higher margin profile eCommerce and digital display advertising areas, we upgrade FY’20E EBITDA by 8%. Given current macro uncertainty we leave FY’21E and FY&rs