20 Jul 2020

Still going strong

Future plc (FUTR:LON) | 718 -218.8 (-4.1%) | Mkt Cap: 867.2m

- Caspar Erskine
- 3 pages

Future today released an update highlighting FY’20E adj EBITDA which is trading towards the top-end of consensus (£86.3m-£91.0m; N1Se: £88.5m). Strong performance has been supported by acceleration of the consumer shift to digital, positive cost control and cost synergy extraction from the TI Media acquisition (c.£9m annualised savings delivered so far). Migration of TI Media sites to the Group’s Vanilla platform are underway, whilst Hawk (price comparison ....

Sign up to access

Get access to our full offering from over 30 providers

Still going strong

Future plc (FUTR:LON) | 718 -218.8 (-4.1%) | Mkt Cap: 867.2m

Published: 20 Jul 2020
Author: Caspar Erskine
Pages: 3

Future today released an update highlighting FY’20E adj EBITDA which is trading towards the top-end of consensus (£86.3m-£91.0m; N1Se: £88.5m). Strong performance has been supported by acceleration of the consumer shift to digital, positive cost control and cost synergy extraction from the TI Media acquisition (c.£9m annualised savings delivered so far). Migration of TI Media sites to the Group’s Vanilla platform are underway, whilst Hawk (price comparison ....