• Future weathers market storm during first half of year

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    June 22nd, 2009ThelmaUncategorized

    UK-based media company Future plc has reported largely flat results for the first half of its financial year, ended March 31.

    Revenues fell by 2 per cent to GBP 76.6 million, while UK profits were up 3 per cent. Overall pre-tax profits fell from GBP 4.1 million a year ago to GBP 1.2 million.

    The company’s EBITA (earnings before interest, tax and amortization) were down from GBP 7.0 million to GBP 4.6 million, but largely flat if GBP 2.4 million in one-off costs are discounted.

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