Half-Year Report: Future Starting to See Growth Once Again

Future PLC, the UK-based publisher, announced its half-year 2024 financial results on May 16th, with the financials “in line with expectations.” Specifically, Future generated:

• £391.5m in revenue, down 3% year-over-year, but Q2 revenue was up 3% year-over-year.
• £105.8m in adjusted operating profit, down 19% from last year
• 27% AOP margin, down 5% YoY.

“Our half-year results are in line with expectations and importantly, the group has returned to organic growth in Q2,” CEO Jon Steinberg said on the earnings call, expressing optimism about the rest of the year.