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A preclose trading update from Future reported that despite a number of adverse factors the full year results to 30 September will be in line with expectations. The UK side has had a similar H1 to last year. The US,however, reverted to a loss due to continuing weaknesses in the market and also a one off factor that resulted in disruption t... ...
On Christmas Day there must have been at least eight gaming handsets at your Editor's home distributed amongst my three daughters and various nieces and nephews who were all gathered around a Nintendo Wii computer console. A day later the Daily Telegraph also ran an article confirming the Editor's suspicion that adult men were equally passionate... ...
Highbury House has agreed to an offer from Future, on the basis of 10 new Future shares for every 83.25 Highbury. Based on the price of 84p for Future, the offer values Highbury at 10p, and contains a partial cash alternative. The enterprise value of the bid is stated at £97m, as Highbury comes with net debt of £64.9m, although this... ...
Consumer magazine publisher, Future (previously known as Future Network) has issued an encouraging AGM statement. This said that trading for Q1 to 31 December (a crucial quarter which accounts for over 40% of profits) was satisfactory with profits modestly ahead of expectations. The impact of a weaker dollar would result in reported revenu... ...