Bath-based magazine publisher Future today said it is confident its full-year figures will be in line with expectations following an “encouraging” fourth quarter with strong growth for its digital products.
The upbeat outlook came in a trading update to the London Stock Exchange today in which Future also said it now has “a good trajectory into the next financial year”.
The group, best known for its computer gaming and hobby titles such as Total Film, said its progress towards a predominantly digital business continued.
Sales of digital editions on Apple devices passed £5m in the period following the launch of Apple Newsstand last October. Visits to Future websites increased more than 50% this year and now total more than 45m unique users a month, with page view and engagement metrics also improving at a comparable rate.
Future said it continued to make strong progress in the US and is close to returning to profitability in that market.
Future’s preliminary results for the year to September 30 will be announced on November 23 when it will outline plans to grow and monetise its global digital audiences, leverage its position as a global leader in tablet products and software and diversify its revenues further.
