28 September 2010
Future plc
Pre-close trading update
Future plc, the international special-interest media group, today provides a pre-close trading update ahead of its results for the year ending 30 September 2010 which will be announced on 24 November 2010.
The Board expects that the Group's results for the year to 30 September 2010 will be in line with market expectations.
Trading patterns have continued to stabilise year on year, as outlined in our interim management statement of 3 August 2010 and our interim results on 20 May 2010.
The Group is making good progress in its strategy and continues to maintain flexibility in managing its portfolios; we expect this to serve us well through the continued uncertainty of the macro-economic environment. Overall, the Board remains confident that the Group is as well-positioned as it can be for the future.
Enquiries:
Future plc
Stevie Spring, Chief Executive Tel: 020 7042 4007
John Bowman, Group Finance Director Tel: 020 7042 4031
Vicky Bacon, Head of Group Communications Tel: 020 7042 4033
Financial Dynamics
Charlie Palmer / Nicola Biles Tel: 020 7831 3113
About Future:
Future plc is an international special-interest media group, listed on the London Stock Exchange (symbol FUTR). Founded in 1985 with one magazine, today we have operations in the UK, US and Australia creating over 180 special-interest publications, websites and events. We hold market-leading positions in games, film, music, technology, cycling, automotive and crafts. Our biggest-selling magazines include T3, Total Film, Classic Rock, Guitar World and Official Xbox Magazine. Our websites include gamesradar.com, bikeradar.com, and techradar.com. Future sells more than 3 million magazines each month; we attract more than 20 million unique visitors to our websites; and we host 27 annual live events. In addition, Future exports or syndicates publications to 90 countries, making us the UK's number one exporter and licensor of monthly magazines.