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Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop
Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop

Yahoo

time16-05-2025

  • Business
  • Yahoo

Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop

Media and comparison website group Future has said it expects revenues to decline this financial year in the face of 'ongoing macroeconomic uncertainty'. The and Marie Claire owner said it is adopting a 'more cautious view' for the second half of the year in the face of 'challenging' market conditions. The group said its US direct digital advertising business witnessed a 'weaker performance' in March but returned to growth last month. Future added that foreign exchange rates are representing a 'headwind' for the company based on current rates. It came as revenues dipped by 3% to £378.4 million for the half-year to March 31. This was driven by a slight organic decline, alongside foreign exchange impacts and the closure of a number of publications, including the print edition of Total Film magazine last year. The company's consumer business saw flat organic revenues after declines linked to digital advertising offset stronger magazine growth. Elsewhere, revenues dipped 1% as car quotes declined, although it saw 10% growth away from care insurance. It came amid the first update from new boss Kevin Li Ying, who took over at the end of March. Mr Li Ying said: 'Today's half-year results reflect the strength of our diversified proposition, delivering a resilient performance in what remains a challenging macroeconomic environment. 'We are building the business for tomorrow whilst delivering on today, ensuring we attract and reach a valuable audience through our powerful brands and drive effective monetisation to deliver growth. 'Whilst the wider macroeconomic environment remains challenging, the quality of our content and intent-driven audience, and the uniqueness of our tech stack, underpinned by our strong financial characteristics, position us well to deliver long-term growth in what is an ever-evolving media landscape.'

Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop
Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop

The Independent

time16-05-2025

  • Business
  • The Independent

Marie Claire owner Future set for lower revenues amid ‘challenging' backdrop

Media and comparison website group Future has said it expects revenues to decline this financial year in the face of 'ongoing macroeconomic uncertainty'. The and Marie Claire owner said it is adopting a 'more cautious view' for the second half of the year in the face of 'challenging' market conditions. The group said its US direct digital advertising business witnessed a 'weaker performance' in March but returned to growth last month. Future added that foreign exchange rates are representing a 'headwind' for the company based on current rates. It came as revenues dipped by 3% to £378.4 million for the half-year to March 31. This was driven by a slight organic decline, alongside foreign exchange impacts and the closure of a number of publications, including the print edition of Total Film magazine last year. The company's consumer business saw flat organic revenues after declines linked to digital advertising offset stronger magazine growth. Elsewhere, revenues dipped 1% as car quotes declined, although it saw 10% growth away from care insurance. It came amid the first update from new boss Kevin Li Ying, who took over at the end of March. Mr Li Ying said: 'Today's half-year results reflect the strength of our diversified proposition, delivering a resilient performance in what remains a challenging macroeconomic environment. 'We are building the business for tomorrow whilst delivering on today, ensuring we attract and reach a valuable audience through our powerful brands and drive effective monetisation to deliver growth. 'Whilst the wider macroeconomic environment remains challenging, the quality of our content and intent-driven audience, and the uniqueness of our tech stack, underpinned by our strong financial characteristics, position us well to deliver long-term growth in what is an ever-evolving media landscape.'

Warner Bros. Discovery (NasdaqGS:WBD) Reports Lower Q1 Revenue But Reduces Net Loss
Warner Bros. Discovery (NasdaqGS:WBD) Reports Lower Q1 Revenue But Reduces Net Loss

Yahoo

time08-05-2025

  • Business
  • Yahoo

Warner Bros. Discovery (NasdaqGS:WBD) Reports Lower Q1 Revenue But Reduces Net Loss

Warner Bros. Discovery recently reported a decline in revenue for Q1 2025, along with an improved net loss. Despite the drop in revenue to USD 8,979 million from USD 9,958 million a year ago, the company's share price saw a 6% increase over the past month. This movement may have been supported by the broader market rally, as significant developments such as the U.S.-U.K. trade deal spurred a sense of optimism across global markets. Additionally, the announcement of Dr. John C. Malone's transition to Chair Emeritus might have also provided strategic reassurance to investors. Every company has risks, and we've spotted 1 warning sign for Warner Bros. Discovery you should know about. Find companies with promising cash flow potential yet trading below their fair value. The recent developments at Warner Bros. Discovery, including revenue decline and leadership transition, could influence the company's strategic focus on international expansion and integration of sports and news. Over the past year, the company's shares have seen a total return of 9.74%, suggesting resilience amid challenges. However, when compared to the US entertainment industry, which returned a substantial 53.2% over the same period, the company's performance might appear subdued. The recent price increase of 6% could indicate investor confidence in the company's efforts to boost subscriber engagement and direct-to-consumer revenue through initiatives like streaming expansion. Despite these positive moves, the share price is still traded at a 36.1% discount to the analyst consensus price target of US$13.19, indicating room for potential upward movement if the company achieves its forecasted revenue and earnings goals. The expected international expansion and corporate restructuring may gradually improve revenue and stabilize earnings, but challenges such as ad sales decline and ARPU pressures remain risks that could impact these forecasts. As such, investors might want to closely monitor these strategic efforts to gauge their success in enhancing shareholder value. Evaluate Warner Bros. Discovery's historical performance by accessing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:WBD. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

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