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Future Plc Sees FY Outcome To Be Materially Ahead Of Market View

Future plc. (FUTR.L) expects the outcome for the full year to be materially ahead of current market expectations, despite some uncertainty in the macro-economic environment.

In its trading update covering the four-month period ended 31 January 2020, the Group said it has continued to see strong momentum in the year to date; It has continued to grow the audience numbers within the Media division.

It underpins strong organic revenue growth in both eCommerce and digital display advertising is benefitting the Group's trading results.

In addition, cash position remains ahead of the Board's expectations, also reflecting the strong cash conversion of Media revenue streams.

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