Future looks ahead to 'accelerating' revenue growth

Publishing company Future has posted a 21% jump in pre-tax profit to £56.6m in its H1 results, despite its total revenue slipping by 3% to £378.4m.

The FTSE 250 group was announcing a trading update for the six months to 31 March, and revealed that organic growth in the first three months of 2025 had been offset by the “uncertain macroeconomic sentiment” in March, impacting US direct advertising.

Future, which publishes a variety of media titles including TechRadar, The Week and Marie Claire, and also owns Go Compare, was upbeat about its H1 performance. The group saw its Go Compare revenue decline by 1% in the period but said this was expected as car quote volumes declined against a strong revenue comparator from last year.

The company added that it remains “highly cash generative” after revealing an adjusted free cash flow of £111.5m.

In its outlook for the ongoing financial year, Future said it would adopt a “more cautious view” in H2 and expects a “low single-digit decline” in FY25 organic revenue. Beyond FY25, however, the publishing company said it expects to deliver “accelerating” organic revenue growth.

“Today’s half-year results reflect the strength of our diversified proposition, delivering a resilient performance in what remains a challenging macroeconomic environment,” Future’s chief executive, Kevin Li Ying, commented.

“We are building the business for tomorrow whilst delivering on today, ensuring we attract and reach a valuable audience through our powerful brands and drive effective monetisation to deliver growth.

“Whilst the wider macroeconomic environment remains challenging, the quality of our content and intent-driven audience, and the uniqueness of our tech stack, underpinned by our strong financial characteristics, position us well to deliver long-term growth in what is an ever-evolving media landscape.”



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