Publishing firm Future slides after lowering full-year margin forecast

Future

31/03/2026 09:18

** British publishing firm Future Plc's FUTR.L shares down 25% at 292 pence, top loser on the FTSE Small Cap .FTSC index

** Co lowers full-year margin outlook as deeper-than-expected changes in Google search traffic hurt higher-margin advertising and online shopping revenues

** FUTR now expects core profit margin of 25%-27% for FY2026, vs previous expectations of around 30%

** Co also expects H2 organic revenue to decline year-on-year by a low single-digit percentage

** YTD, stock down ~44%

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))