By Najat Kantouar
Future PLC said it is on track to achieve market expectations for fiscal 2025 after its third-quarter performance was in line with views.
The London-listed publishing company said Thursday that for the period ended June 30, performance was as expected, without disclosing any figure. In business-to-consumer segment, U.S. advertising returned to growth. Meanwhile, U.K. advertising performance decline on year, it said.
Ecommerce affiliates revenue declined in the quarter, while magazines revenue segment remained resilient and showed an improvement on previous years' rate of decline, it added.
Go.Compare performance moderated in the quarter, reflecting an expected slowdown in switching of car insurances. Meanwhile, business-to-business's performance in the third-quarter improved on first-half performance.
Future said that it remains on track to deliver on market expectations for the fiscal year, which include revenue of 744.9 million pounds ($999.7 million) and adjusted operating profit of 206.2 million pounds.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
July 17, 2025 03:07 ET (07:07 GMT)
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