Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues and profits in its first half as the company continues to cash in on the pandemic-fuelled reading and online shopping boom.Future reported a 21% increase in group revenues to £272m and more than doubled pre-tax profits to £57m in the six months to the end of March, well ahead of analyst forecasts, prompting the company to say that its full-year results will be “materially ahead” of expectations. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2021-05-19 12:15:47 UTC ]
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