October 21, 2021

MediaBizNet

Complete Australian News World

Despite being valued at 5 5 billion, Future PLC, the English media stronghold under the radar

Under the radar of the general public but certainly not investors in the London Stock Exchange, Future PLC has in recent years succeeded in establishing itself as the economic stronghold of the media and press in the UK. With 3 340 million and adjusted operating profit of 93 93 million for the fiscal year ended Sept. 30, 2020, the District Bing-Thorne-led company has not lost less than, 4.6 billion since 2014. 5.4 billion euros). By comparison, the “New York Times” weighs $ 8 billion on the stock market. In future estimates, especially since 2019, what is the reason for such an eruption? Very high revenue growth (it was already 273 million in the first six months of the current financial year), especially thanks to the frenzy of acquisitions and the ability to combine them with the uncomplicated approach to monetization of purchased titles.

The group specializes in the publication of entertainment and entertainment magazines such as Music (“Guitar Player”, “Guitar Techniques” …), Photography (“Digital Camera World” …), Electronic and Computer Products (“Tech Radar”). , “Linux”, “Mac format”, “D3”, “Games Radar” …). But it is also in the themes of the house (“country life” …) and the female section (“living etc.” …).

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