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Investing.com -- Future, a UK-based publishing company, announced on Wednesday that it is on track to meet market expectations for fiscal 2025.
The company’s performance for the quarter ending on January 31 matched their expectations.
While the company did not disclose any specific figures, it stated that its performance was bolstered by continued improvements in the U.S. digital advertising and e-commerce segments, which both saw year-on-year growth.
Future also reported that its magazine business remained resilient, led by its premium titles. However, the company noted that the UK advertising backdrop continues to present challenges.
Looking at the fiscal year as a whole, Future expressed confidence in its ability to meet the company-compiled consensus of revenue at £776.9 million ($969.6 million).
The company also expects to reach an adjusted operating profit, which excludes exceptional and other one-off items, of £217.8 million.
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