Future Plc FY Pre-tax Profit Rises; Sees Full Year Ahead Of Its Previous View

Future plc (FUTR.L) reported that its profit before tax for the year ended 30 September 2019 rose to 12.7 million pounds from 4.4 million pounds last year.

Profit for the year attributable to owners of the parent for the year grew to 8.1 million pounds from 2.9 million pounds in the previous year. Earnings per share were 9.3 pence up from 4.7 pence last year.

Group revenue increased 70% to 221.5 million pounds from last year. The latest-year result included a 8.5 million pounds uplift as a result of adopting IFRS 15.

The Board recommended a final dividend of 1 pence per share for the year ended 30 September 2019, payable on 14 February 2020 to all shareholders on the register at close of business on 17 January 2020.

The company expects the full year to be ahead of the Board's previous expectations.

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