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Impressive results spark further upgrades at Future

Impressive results spark further upgrades at Future

Once again, acquisitions and product diversification have propelled publisher Future (FUTR) to greater heights. An impressive 62 per cent growth in the media business (which encompasses online publishing, events and ecommerce) more than offset advertising stagnation in the magazine business, meaning adjusted cash profits were nearly twice those reported last year at £8.8m. But in an age when the internet provides endless amounts of free content and trends are worryingly fickle, the big question is whether this impressive growth can be maintained.

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