Future PLC
25 January 2006
25 January 2006
Future plc
AGM Statement: Trading Update
At this morning's Annual General Meeting of Future plc, the international
special-interest media group, Chairman Roger Parry will make the following
statement:
'The current market conditions are challenging and we continue to take a
cautious view on the near term outlook. Trading in the first quarter (October to
December) of the new financial year was broadly on track.
As previously highlighted, the changing magazine portfolio and the phasing of
new product development (NPD) spend means that the previous bias of profits
towards the first half (October to March) will not apply in the financial year
to September 2006.
The December quarter is considerably less significant in the current financial
year than last. However, at this early stage in the financial year, the Board
expects a satisfactory outcome for the financial year as a whole.
Prior to the end of the group's half year to 31 March 2006, a pre-close trading
update will be announced.'
Enquiries:
Future plc
Greg Ingham, Chief Executive Tel: 01225 442244
John Bowman, Finance Director Tel: 01225 732281
Hogarth Partnership
James Longfield/Georgina Briscoe Tel: 0207 357 9477
This information is provided by RNS
The company news service from the London Stock Exchange
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